PPP Loan information for Burden electric co inc.

$161,738

Burden electric co inc. was initially approved for PPP Loan of amount $106,800, the current approved amount is $161,738. The loan was approved on 04/06/2020 by The The Huntington National Bank reported 12 jobs and $161,738 was used to fund payroll.

Burden electric co inc. is Existing or more than 2 years old

BURDEN ELECTRIC CO INC.

Date Approved

04/06/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

BURDEN ELECTRIC CO INC.

Borrower Address

245 W MAIN ST

Borrower City

ALLIANCE

Borrower State

OH

Borrower Zip

44601-2310

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106800.00

Current Approval Amount

161738.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALLIANCE

Project County Name

STARK

Project State

OH

Project Zip

44601-2310

CD

OH-06

Jobs Reported

12

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

161738.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

162872.38

Forgiveness Date

12/30/2020

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