PPP Loan information for Dotson electric company inc.

$1,227,500

Dotson electric company inc. was initially approved for PPP Loan of amount $1,227,500, the current approved amount is $1,227,500. The loan was approved on 01/22/2021 by The Franklin Bank & Trust Company reported 50 jobs and $1,227,500 was used to fund payroll.

Dotson electric company inc. is Existing or more than 2 years old

PPP Loan Search / KY / Bowling Green / Dotson electric company inc.

DOTSON ELECTRIC COMPANY INC.

Date Approved

01/22/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

DOTSON ELECTRIC COMPANY INC.

Borrower Address

551 Cal Batsel Rd

Borrower City

Bowling Green

Borrower State

KY

Borrower Zip

42104-8520

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1227500.00

Current Approval Amount

1227500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27010

Servicing Lender Name

Franklin Bank & Trust Company

Servicing Lender Address

317 N Main St

Servicing Lender City

FRANKLIN

Servicing Lender State

KY

Servicing Lender Zip

42134-1815

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bowling Green

Project County Name

WARREN

Project State

KY

Project Zip

42104-8520

CD

KY-02

Jobs Reported

50

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1227497.00

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

Subchapter S Corporation

Originating Lender Location Id

27010

Originating Lender

Franklin Bank & Trust Company

Originating Lender City

FRANKLIN

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1234148.96

Forgiveness Date

08/11/2021

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