PPP Loan information for Norman king electric inc

$463,224

Norman king electric inc was initially approved for PPP Loan of amount $463,224, the current approved amount is $463,224. The loan was approved on 02/05/2021 by The German American Bank reported 47 jobs and $463,224 was used to fund payroll.

Norman king electric inc is Existing or more than 2 years old

NORMAN KING ELECTRIC INC

Date Approved

02/05/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

NORMAN KING ELECTRIC INC

Borrower Address

3450 Airpark Dr

Borrower City

Owensboro

Borrower State

KY

Borrower Zip

42301-7724

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

463224.00

Current Approval Amount

463224.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Owensboro

Project County Name

DAVIESS

Project State

KY

Project Zip

42301-7724

CD

KY-02

Jobs Reported

47

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

463222.00

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

Subchapter S Corporation

Originating Lender Location Id

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

466815.57

Forgiveness Date

11/22/2021

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