PPP Loan information for Vaughn electric company inc

$798,950

Vaughn electric company inc was initially approved for PPP Loan of amount $798,950, the current approved amount is $798,950. The loan was approved on 04/09/2020 by The First-Citizens National Bank reported 54 jobs and $798,950 was used to fund payroll.

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

PPP Loan Search / TN / UNION CITY / Vaughn electric company inc

VAUGHN ELECTRIC COMPANY INC

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

VAUGHN ELECTRIC COMPANY INC

Borrower Address

313 E FLORIDA AVE

Borrower City

UNION CITY

Borrower State

TN

Borrower Zip

38261-3957

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

798950.00

Current Approval Amount

798950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66949

Servicing Lender Name

First-Citizens National Bank

Servicing Lender Address

One First Citizens Pl

Servicing Lender City

DYERSBURG

Servicing Lender State

TN

Servicing Lender Zip

38024-4643

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

UNION CITY

Project County Name

OBION

Project State

TN

Project Zip

38261-3957

CD

TN-08

Jobs Reported

54

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

199737.50

Payroll Proceed

599212.50

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

66949

Originating Lender

First-Citizens National Bank

Originating Lender City

DYERSBURG

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

804786.77

Forgiveness Date

12/30/2020

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