PPP Loan information for Mcafee electric inc

$276,192

Mcafee electric inc was initially approved for PPP Loan of amount $276,192, the current approved amount is $276,192. The loan was approved on 01/21/2021 by The First United Bank and Trust Company reported 26 jobs and $276,192 was used to fund payroll.

Mcafee electric inc is Existing or more than 2 years old

MCAFEE ELECTRIC INC

Date Approved

01/21/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

MCAFEE ELECTRIC INC

Borrower Address

415 E 14th St

Borrower City

Hopkinsville

Borrower State

KY

Borrower Zip

42240-3501

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

276192.03

Current Approval Amount

276192.03

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119852

Servicing Lender Name

First United Bank and Trust Company

Servicing Lender Address

162 N Main St

Servicing Lender City

MADISONVILLE

Servicing Lender State

KY

Servicing Lender Zip

42431-1976

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hopkinsville

Project County Name

CHRISTIAN

Project State

KY

Project Zip

42240-3501

CD

KY-01

Jobs Reported

26

NAICS Code

423810

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

276188.03

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

Subchapter S Corporation

Originating Lender Location Id

119852

Originating Lender

First United Bank and Trust Company

Originating Lender City

MADISONVILLE

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

277561.64

Forgiveness Date

07/30/2021

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