PPP Loan information for Farrell electric

$73,100

Farrell electric was initially approved for PPP Loan of amount $73,100, the current approved amount is $73,100. The loan was approved on 04/04/2020 by The South Central Bank, Inc. reported 8 jobs and $73,100 was used to fund payroll.

Farrell electric is Existing or more than 2 years old

FARRELL ELECTRIC

Date Approved

04/04/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

FARRELL ELECTRIC

Borrower Address

291 Pritchardsville Rd

Borrower City

GLASGOW

Borrower State

KY

Borrower Zip

42141-8245

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73100.00

Current Approval Amount

73100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27775

Servicing Lender Name

South Central Bank, Inc.

Servicing Lender Address

501 S L Rogers Wells Blvd

Servicing Lender City

GLASGOW

Servicing Lender State

KY

Servicing Lender Zip

42141

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLASGOW

Project County Name

BARREN

Project State

KY

Project Zip

42141-8245

CD

KY-02

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

73100.00

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

Sole Proprietorship

Originating Lender Location Id

27775

Originating Lender

South Central Bank, Inc.

Originating Lender City

GLASGOW

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

73512.20

Forgiveness Date

11/02/2020

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