PPP Loan information for Md electric inc

$61,160

Md electric inc was initially approved for PPP Loan of amount $61,160, the current approved amount is $61,160. The loan was approved on 04/10/2020 by The The First National Bank of Louisburg reported 5 jobs and $61,160 was used to fund payroll.

Md electric inc is Existing or more than 2 years old

MD ELECTRIC INC

Date Approved

04/10/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

MD ELECTRIC INC

Borrower Address

24625 JINGO RD

Borrower City

BUCYRUS

Borrower State

KS

Borrower Zip

66013-9119

Loan Status Date

11/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61159.92

Current Approval Amount

61159.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26134

Servicing Lender Name

The First National Bank of Louisburg

Servicing Lender Address

1201 W Amity

Servicing Lender City

LOUISBURG

Servicing Lender State

KS

Servicing Lender Zip

66053-4121

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUCYRUS

Project County Name

MIAMI

Project State

KS

Project Zip

66013-9119

CD

KS-03

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

61159.92

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

26134

Originating Lender

The First National Bank of Louisburg

Originating Lender City

LOUISBURG

Originating Lender State

KS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

61615.22

Forgiveness Date

01/07/2021

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