PPP Loan information for Fayette electrical service inc

$1,009,712

Fayette electrical service inc was initially approved for PPP Loan of amount $1,009,712, the current approved amount is $1,009,712. The loan was approved on 02/11/2021 by The Bank of the Bluegrass & Trust Company reported 98 jobs and $1,009,712 was used to fund payroll.

Fayette electrical service inc is Existing or more than 2 years old

PPP Loan Search / KY / Winchester / Fayette electrical service inc

FAYETTE ELECTRICAL SERVICE INC

Date Approved

02/11/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

FAYETTE ELECTRICAL SERVICE INC

Borrower Address

1101 Enterprise Dr

Borrower City

Winchester

Borrower State

KY

Borrower Zip

40391-9668

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1009711.57

Current Approval Amount

1009711.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27195

Servicing Lender Name

Bank of the Bluegrass & Trust Company

Servicing Lender Address

101 E High St

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40507-1407

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Winchester

Project County Name

CLARK

Project State

KY

Project Zip

40391-9668

CD

KY-06

Jobs Reported

98

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1009711.57

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

27195

Originating Lender

Bank of the Bluegrass & Trust Company

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1015188.91

Forgiveness Date

09/07/2021

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