PPP Loan information for Price electric incorporated

$204,435

Price electric incorporated was initially approved for PPP Loan of amount $204,435, the current approved amount is $204,435. The loan was approved on 02/24/2021 by The German American Bank reported 29 jobs and $204,435 was used to fund payroll.

Price electric incorporated is Existing or more than 2 years old

PRICE ELECTRIC INCORPORATED

Date Approved

02/24/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

PRICE ELECTRIC INCORPORATED

Borrower Address

724 E Thornton Dr

Borrower City

Bloomington

Borrower State

IN

Borrower Zip

47401-6554

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

204435.00

Current Approval Amount

204435.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bloomington

Project County Name

MONROE

Project State

IN

Project Zip

47401-6554

CD

IN-09

Jobs Reported

29

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

204430.00

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

205633.61

Forgiveness Date

09/29/2021

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