PPP Loan information for K & m electric inc.

$17,216

K & m electric inc. was initially approved for PPP Loan of amount $17,216, the current approved amount is $17,216. The loan was approved on 01/23/2021 by The First State Bank of DeKalb County reported 3 jobs and $17,216 was used to fund payroll.

K & m electric inc. is Existing or more than 2 years old

PPP Loan Search / AL / Fort Payne / K & m electric inc.

K & M ELECTRIC INC.

Date Approved

01/23/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

K & M ELECTRIC INC.

Borrower Address

111 7th St SE

Borrower City

Fort Payne

Borrower State

AL

Borrower Zip

35967-1601

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

17216.10

Current Approval Amount

17216.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

1980

Servicing Lender Name

First State Bank of DeKalb County

Servicing Lender Address

500 Gault Ave S

Servicing Lender City

FORT PAYNE

Servicing Lender State

AL

Servicing Lender Zip

35967-1708

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fort Payne

Project County Name

DE KALB

Project State

AL

Project Zip

35967-1601

CD

AL-04

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

17212.10

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

1980

Originating Lender

First State Bank of DeKalb County

Originating Lender City

FORT PAYNE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

17383.48

Forgiveness Date

01/11/2022

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