PPP Loan information for Knight electric inc

$796,547

Knight electric inc was initially approved for PPP Loan of amount $796,547, the current approved amount is $796,547. The loan was approved on 02/20/2021 by The Truist Bank reported 61 jobs and $796,547 was used to fund payroll.

Knight electric inc is Existing or more than 2 years old

KNIGHT ELECTRIC INC

Date Approved

02/20/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

KNIGHT ELECTRIC INC

Borrower Address

286 Farmers Dr

Borrower City

Russellville

Borrower State

KY

Borrower Zip

42276-7103

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

796546.91

Current Approval Amount

796546.91

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Russellville

Project County Name

LOGAN

Project State

KY

Project Zip

42276-7103

CD

KY-01

Jobs Reported

61

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

796541.91

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

806459.49

Forgiveness Date

05/19/2022

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