PPP Loan information for Banks engineering inc

$193,115

Banks engineering inc was initially approved for PPP Loan of amount $176,297, the current approved amount is $193,115. The loan was approved on 04/10/2020 by The City National Bank of West Virginia reported 14 jobs and $193,115 was used to fund payroll.

Banks engineering inc is Existing or more than 2 years old

BANKS ENGINEERING INC

Date Approved

04/10/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

BANKS ENGINEERING INC

Borrower Address

1211 Jessamine Station

Borrower City

NICHOLASVILLE

Borrower State

KY

Borrower Zip

40356-2312

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176297.00

Current Approval Amount

193115.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74995

Servicing Lender Name

City National Bank of West Virginia

Servicing Lender Address

3601 MacCorkle Ave SE

Servicing Lender City

Charleston

Servicing Lender State

WV

Servicing Lender Zip

25304

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NICHOLASVILLE

Project County Name

JESSAMINE

Project State

KY

Project Zip

40356-2312

CD

KY-06

Jobs Reported

14

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

174047.00

Mortgage Interest Proceed

0.00

Rent Proceed

13800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3268.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

74995

Originating Lender

City National Bank of West Virginia

Originating Lender City

Charleston

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

184284.90

Forgiveness Date

12/04/2020

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