PPP Loan information for Electrex, inc

$1,293,100

Electrex, inc was initially approved for PPP Loan of amount $1,293,100, the current approved amount is $1,293,100. The loan was approved on 04/06/2020 by The Commerce Bank reported 201 jobs and $1,293,100 was used to fund payroll.

Electrex, inc is Existing or more than 2 years old

PPP Loan Search / KS / HUTCHINSON / Electrex, inc

ELECTREX, INC

Date Approved

04/06/2020

SBA Office Code

0767

Processing Method

PPP

Borrower Name

ELECTREX, INC

Borrower Address

6 North Walnut

Borrower City

HUTCHINSON

Borrower State

KS

Borrower Zip

67501

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1293100.00

Current Approval Amount

1293100.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUTCHINSON

Project County Name

RENO

Project State

KS

Project Zip

67501-1000

CD

KS-01

Jobs Reported

201

NAICS Code

336320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

258620.00

Payroll Proceed

1034480.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

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

1310520.93

Forgiveness Date

08/13/2021

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