PPP Loan information for Kc electric inc

$746,400

Kc electric inc was initially approved for PPP Loan of amount $817,900, the current approved amount is $746,400. The loan was approved on 04/03/2020 by The The Bank of Kremlin reported 58 jobs and $746,400 was used to fund payroll.

Kc electric inc is Existing or more than 2 years old

KC ELECTRIC INC

Date Approved

04/03/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

KC ELECTRIC INC

Borrower Address

4300 S Van Buren

Borrower City

ENID

Borrower State

OK

Borrower Zip

73703-8523

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

817900.00

Current Approval Amount

746400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59026

Servicing Lender Name

The Bank of Kremlin

Servicing Lender Address

102 Sixth St

Servicing Lender City

KREMLIN

Servicing Lender State

OK

Servicing Lender Zip

73753-6000

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ENID

Project County Name

GARFIELD

Project State

OK

Project Zip

73703-8523

CD

OK-03

Jobs Reported

58

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

746400.00

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

59026

Originating Lender

The Bank of Kremlin

Originating Lender City

KREMLIN

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

752412.67

Forgiveness Date

01/26/2021

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