PPP Loan information for B3 electric, llc

$542,350

B3 electric, llc was initially approved for PPP Loan of amount $542,350, the current approved amount is $542,350. The loan was approved on 02/04/2021 by The Independence Bank of Kentucky reported 53 jobs and $542,350 was used to fund payroll.

B3 electric, llc is Existing or more than 2 years old

B3 ELECTRIC, LLC

Date Approved

02/04/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

B3 ELECTRIC, LLC

Borrower Address

307 Devasher Rd

Borrower City

Russellville

Borrower State

KY

Borrower Zip

42276-9733

Loan Status Date

10/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

542350.00

Current Approval Amount

542350.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27217

Servicing Lender Name

Independence Bank of Kentucky

Servicing Lender Address

2425 Frederica St

Servicing Lender City

OWENSBORO

Servicing Lender State

KY

Servicing Lender Zip

42301-5437

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Russellville

Project County Name

LOGAN

Project State

KY

Project Zip

42276-9733

CD

KY-01

Jobs Reported

53

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

542350.00

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

27217

Originating Lender

Independence Bank of Kentucky

Originating Lender City

OWENSBORO

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

545737.83

Forgiveness Date

09/22/2021

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