PPP Loan information for Parks electric inc

$29,365

Parks electric inc was initially approved for PPP Loan of amount $29,365, the current approved amount is $29,365. The loan was approved on 04/14/2020 by The SouthernTrust Bank reported 4 jobs and $29,365 was used to fund payroll.

Parks electric inc is Existing or more than 2 years old

PARKS ELECTRIC INC

Date Approved

04/14/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

PARKS ELECTRIC INC

Borrower Address

175 PARIS RD

Borrower City

CALVERT CITY

Borrower State

KY

Borrower Zip

42029-8375

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29365.00

Current Approval Amount

29365.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434565

Servicing Lender Name

SouthernTrust Bank

Servicing Lender Address

101 N Broadway

Servicing Lender City

GOREVILLE

Servicing Lender State

IL

Servicing Lender Zip

62939-2353

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CALVERT CITY

Project County Name

MARSHALL

Project State

KY

Project Zip

42029-8375

CD

KY-01

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

23492.00

Mortgage Interest Proceed

0.00

Rent Proceed

3873.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434565

Originating Lender

SouthernTrust Bank

Originating Lender City

GOREVILLE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29679.57

Forgiveness Date

05/18/2021

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