PPP Loan information for Kay bee electric company

$2,250,000

Kay bee electric company was initially approved for PPP Loan of amount $900,000, the current approved amount is $2,250,000. The loan was approved on 04/08/2020 by The CNB St. Louis Bank reported 73 jobs and $2,250,000 was used to fund payroll.

Kay bee electric company is Existing or more than 2 years old

KAY BEE ELECTRIC COMPANY

Date Approved

04/08/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

KAY BEE ELECTRIC COMPANY

Borrower Address

250 RUE ST FRANCOIS ST

Borrower City

FLORISSANT

Borrower State

MO

Borrower Zip

63031-5014

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

900000.00

Current Approval Amount

2250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41298

Servicing Lender Name

CNB St. Louis Bank

Servicing Lender Address

7305 Manchester Rd

Servicing Lender City

MAPLEWOOD

Servicing Lender State

MO

Servicing Lender Zip

63143-3120

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FLORISSANT

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63031-5014

CD

MO-01

Jobs Reported

73

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4500.00

Payroll Proceed

2218500.00

Mortgage Interest Proceed

0.00

Rent Proceed

27000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

41298

Originating Lender

CNB St. Louis Bank

Originating Lender City

MAPLEWOOD

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2276187.50

Forgiveness Date

06/11/2021

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