PPP Loan information for City electric motor company of lexington

$169,200

City electric motor company of lexington was initially approved for PPP Loan of amount $169,200, the current approved amount is $169,200. The loan was approved on 04/06/2020 by The Central Bank & Trust Co. reported 15 jobs and $169,200 was used to fund payroll.

City electric motor company of lexington is Existing or more than 2 years old

PPP Loan Search / KY / LEXINGTON / City electric motor company of lexington

CITY ELECTRIC MOTOR COMPANY OF LEXINGTON

Date Approved

04/06/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

CITY ELECTRIC MOTOR COMPANY OF LEXINGTON

Borrower Address

631 KENNEDY RD

Borrower City

LEXINGTON

Borrower State

KY

Borrower Zip

40511-1820

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

169200.00

Current Approval Amount

169200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27196

Servicing Lender Name

Central Bank & Trust Co.

Servicing Lender Address

300 W Vine St

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40507-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

FAYETTE

Project State

KY

Project Zip

40511-1820

CD

KY-06

Jobs Reported

15

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16500.00

Payroll Proceed

127000.00

Mortgage Interest Proceed

25700.00

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

27196

Originating Lender

Central Bank & Trust Co.

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

170704.00

Forgiveness Date

03/03/2021

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