PPP Loan information for Peerless electric inc

$15,400

Peerless electric inc was initially approved for PPP Loan of amount $15,400, the current approved amount is $15,400. The loan was approved on 03/12/2021 by The Community Trust Bank, Inc. reported 2 jobs and $15,400 was used to fund payroll.

Peerless electric inc is Existing or more than 2 years old

PEERLESS ELECTRIC INC

Date Approved

03/12/2021

SBA Office Code

0457

Processing Method

PPP

Borrower Name

PEERLESS ELECTRIC INC

Borrower Address

538 KROGER CIRCLE

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42501

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

15400.00

Current Approval Amount

15400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27783

Servicing Lender Name

Community Trust Bank, Inc.

Servicing Lender Address

346 N Mayo Trl

Servicing Lender City

PIKEVILLE

Servicing Lender State

KY

Servicing Lender Zip

41501-1847

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

PULASKI

Project State

KY

Project Zip

42501

CD

KY-05

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

15400.00

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

27783

Originating Lender

Community Trust Bank, Inc.

Originating Lender City

PIKEVILLE

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

15441.35

Forgiveness Date

06/23/2021

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