PPP Loan information for West electric inc

$343,000

West electric inc was initially approved for PPP Loan of amount $343,000, the current approved amount is $343,000. The loan was approved on 04/28/2020 by The First Financial Bank reported 33 jobs and $343,000 was used to fund payroll.

West electric inc is Existing or more than 2 years old

WEST ELECTRIC INC

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

WEST ELECTRIC INC

Borrower Address

1320 E 60th St

Borrower City

Anderson

Borrower State

IN

Borrower Zip

46013

Loan Status Date

04/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

343000.00

Current Approval Amount

343000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57811

Servicing Lender Name

First Financial Bank

Servicing Lender Address

255 E Fifth St Ste 700

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-4700

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Anderson

Project County Name

MADISON

Project State

IN

Project Zip

46013-1000

CD

IN-05

Jobs Reported

33

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

343000.00

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

57811

Originating Lender

First Financial Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

345931.95

Forgiveness Date

03/15/2021

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