PPP Loan information for Mel kay electric company inc

$2,000,000

Mel kay electric company inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/28/2021 by The Banterra Bank reported 176 jobs and $2,000,000 was used to fund payroll.

Mel kay electric company inc is Existing or more than 2 years old

PPP Loan Search / IN / Evansville / Mel kay electric company inc

MEL KAY ELECTRIC COMPANY INC

Date Approved

01/28/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

MEL KAY ELECTRIC COMPANY INC

Borrower Address

1511 N Garvin St

Borrower City

Evansville

Borrower State

IN

Borrower Zip

47711-4655

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21882

Servicing Lender Name

Banterra Bank

Servicing Lender Address

3201 Banterra Dr

Servicing Lender City

MARION

Servicing Lender State

IL

Servicing Lender Zip

62959-6381

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Evansville

Project County Name

VANDERBURGH

Project State

IN

Project Zip

47711-4655

CD

IN-08

Jobs Reported

176

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

21882

Originating Lender

Banterra Bank

Originating Lender City

MARION

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2023616.44

Forgiveness Date

04/11/2022

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