PPP Loan information for Affordable electric inc.

$56,500

Affordable electric inc. was initially approved for PPP Loan of amount $56,500, the current approved amount is $56,500. The loan was approved on 04/03/2020 by The Community First National Bank reported 10 jobs and $56,500 was used to fund payroll.

Affordable electric inc. is Existing or more than 2 years old

AFFORDABLE ELECTRIC INC.

Date Approved

04/03/2020

SBA Office Code

0767

Processing Method

PPP

Borrower Name

AFFORDABLE ELECTRIC INC.

Borrower Address

2913 SUNNYSIDE DR

Borrower City

MANHATTAN

Borrower State

KS

Borrower Zip

66502-1919

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56500.00

Current Approval Amount

56500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

222716

Servicing Lender Name

Community First National Bank

Servicing Lender Address

215 S Seth Child Rd

Servicing Lender City

MANHATTAN

Servicing Lender State

KS

Servicing Lender Zip

66502-3089

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANHATTAN

Project County Name

RILEY

Project State

KS

Project Zip

66502-1919

CD

KS-01

Jobs Reported

10

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

56500.00

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

222716

Originating Lender

Community First National Bank

Originating Lender City

MANHATTAN

Originating Lender State

KS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56953.57

Forgiveness Date

01/28/2021

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