PPP Loan information for Faughn electric, inc.

$12,000

Faughn electric, inc. was initially approved for PPP Loan of amount $12,000, the current approved amount is $12,000. The loan was approved on 05/07/2020 by The Horizon Bank reported 3 jobs and $12,000 was used to fund payroll.

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

PPP Loan Search / NE / WAVERLY / Faughn electric, inc.

FAUGHN ELECTRIC, INC.

Date Approved

05/07/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

FAUGHN ELECTRIC, INC.

Borrower Address

10321 N 142ND ST

Borrower City

WAVERLY

Borrower State

NE

Borrower Zip

68462-1407

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12000.00

Current Approval Amount

12000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42703

Servicing Lender Name

Horizon Bank

Servicing Lender Address

10841 N 142nd

Servicing Lender City

WAVERLY

Servicing Lender State

NE

Servicing Lender Zip

68462-1104

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAVERLY

Project County Name

LANCASTER

Project State

NE

Project Zip

68462-1407

CD

NE-01

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

12000.00

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

42703

Originating Lender

Horizon Bank

Originating Lender City

WAVERLY

Originating Lender State

NE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

12086.67

Forgiveness Date

01/27/2021

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