PPP Loan information for Kal electric inc

$616,697

Kal electric inc was initially approved for PPP Loan of amount $616,697, the current approved amount is $616,697. The loan was approved on 04/07/2020 by The The Hocking Valley Bank reported 28 jobs and $616,697 was used to fund payroll.

Kal electric inc is Existing or more than 2 years old

PPP Loan Search / OH / ATHENS / Kal electric inc

KAL ELECTRIC INC

Date Approved

04/07/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

KAL ELECTRIC INC

Borrower Address

5265 HEBBARDSVILLE RD

Borrower City

ATHENS

Borrower State

OH

Borrower Zip

45701-8973

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

616697.00

Current Approval Amount

616697.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53270

Servicing Lender Name

The Hocking Valley Bank

Servicing Lender Address

7 W Stimson Ave

Servicing Lender City

ATHENS

Servicing Lender State

OH

Servicing Lender Zip

45701-2649

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ATHENS

Project County Name

ATHENS

Project State

OH

Project Zip

45701-8973

CD

OH-12

Jobs Reported

28

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

42505.00

Payroll Proceed

574192.00

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

Corporation

Originating Lender Location Id

53270

Originating Lender

The Hocking Valley Bank

Originating Lender City

ATHENS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

620791.18

Forgiveness Date

12/09/2020

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