PPP Loan information for Payne electric company inc

$645,917

Payne electric company inc was initially approved for PPP Loan of amount $645,917, the current approved amount is $645,917. The loan was approved on 02/02/2021 by The Stock Yards Bank & Trust Company reported 76 jobs and $645,917 was used to fund payroll.

Payne electric company inc is Existing or more than 2 years old

PAYNE ELECTRIC COMPANY INC

Date Approved

02/02/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

PAYNE ELECTRIC COMPANY INC

Borrower Address

5802 Fern Valley Rd

Borrower City

Louisville

Borrower State

KY

Borrower Zip

40228-1052

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

645917.00

Current Approval Amount

645917.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27569

Servicing Lender Name

Stock Yards Bank & Trust Company

Servicing Lender Address

1040 E Main St

Servicing Lender City

LOUISVILLE

Servicing Lender State

KY

Servicing Lender Zip

40206-1856

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Louisville

Project County Name

JEFFERSON

Project State

KY

Project Zip

40228-1052

CD

KY-03

Jobs Reported

76

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

645915.00

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

27569

Originating Lender

Stock Yards Bank & Trust Company

Originating Lender City

LOUISVILLE

Originating Lender State

KY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

649314.70

Forgiveness Date

08/17/2021

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