PPP Loan information for Economy electric, inc

$163,300

Economy electric, inc was initially approved for PPP Loan of amount $163,300, the current approved amount is $163,300. The loan was approved on 04/10/2020 by The Commerce Bank reported 13 jobs and $163,300 was used to fund payroll.

Economy electric, inc is Existing or more than 2 years old

ECONOMY ELECTRIC, INC

Date Approved

04/10/2020

SBA Office Code

0767

Processing Method

PPP

Borrower Name

ECONOMY ELECTRIC, INC

Borrower Address

2501 Stagg Hill Rd.

Borrower City

MANHATTAN

Borrower State

KS

Borrower Zip

66502-3160

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

163300.00

Current Approval Amount

163300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANHATTAN

Project County Name

RILEY

Project State

KS

Project Zip

66502-3160

CD

KS-01

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2440.00

Payroll Proceed

154610.00

Mortgage Interest Proceed

0.00

Rent Proceed

6250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

165073.62

Forgiveness Date

05/12/2021

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