PPP Loan information for Mid-city electric co

$6,880,200

Mid-city electric co was initially approved for PPP Loan of amount $6,880,200, the current approved amount is $6,880,200. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 450 jobs and $6,880,200 was used to fund payroll.

Mid-city electric co is Existing or more than 2 years old

PPP Loan Search / OH / WESTERVILLE / Mid-city electric co

MID-CITY ELECTRIC CO

Date Approved

04/13/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

MID-CITY ELECTRIC CO

Borrower Address

937 EASTWIND DR

Borrower City

WESTERVILLE

Borrower State

OH

Borrower Zip

43081-3330

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6880200.00

Current Approval Amount

6880200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTERVILLE

Project County Name

FRANKLIN

Project State

OH

Project Zip

43081-3330

CD

OH-03

Jobs Reported

450

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6880200.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6959895.65

Forgiveness Date

06/09/2021

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