PPP Loan information for Bcu electric, inc.

$2,783,800

Bcu electric, inc. was initially approved for PPP Loan of amount $2,783,800, the current approved amount is $2,783,800. The loan was approved on 04/05/2020 by The Sutton Bank reported 209 jobs and $2,783,800 was used to fund payroll.

Bcu electric, inc. is Existing or more than 2 years old

PPP Loan Search / OH / ASHLAND / Bcu electric, inc.

BCU ELECTRIC, INC.

Date Approved

04/05/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

BCU ELECTRIC, INC.

Borrower Address

1019 US HIGHWAY 250

Borrower City

ASHLAND

Borrower State

OH

Borrower Zip

44805-9474

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2783800.00

Current Approval Amount

2783800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53273

Servicing Lender Name

Sutton Bank

Servicing Lender Address

1 S Main St

Servicing Lender City

ATTICA

Servicing Lender State

OH

Servicing Lender Zip

44807-9803

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHLAND

Project County Name

ASHLAND

Project State

OH

Project Zip

44805-9474

CD

OH-04

Jobs Reported

209

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

2438150.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

323650.00

Debt Interest Proceed

2000

Business Type

Corporation

Originating Lender Location Id

53273

Originating Lender

Sutton Bank

Originating Lender City

ATTICA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2820713.95

Forgiveness Date

08/12/2021

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