PPP Loan information for Capital electric, inc.

$1,954,281

Capital electric, inc. was initially approved for PPP Loan of amount $1,954,281, the current approved amount is $1,954,281. The loan was approved on 04/28/2020 by The German American Bank reported 76 jobs and $1,954,281 was used to fund payroll.

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

PPP Loan Search / IN / EVANSVILLE / Capital electric, inc.

CAPITAL ELECTRIC, INC.

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

CAPITAL ELECTRIC, INC.

Borrower Address

315 S TEKOPPEL AVE

Borrower City

EVANSVILLE

Borrower State

IN

Borrower Zip

47712-4817

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1954281.00

Current Approval Amount

1954281.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EVANSVILLE

Project County Name

VANDERBURGH

Project State

IN

Project Zip

47712-4817

CD

IN-08

Jobs Reported

76

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1954281.00

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1976072.57

Forgiveness Date

06/11/2021

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