PPP Loan information for West end electric co. inc.

$587,423

West end electric co. inc. was initially approved for PPP Loan of amount $587,423, the current approved amount is $587,423. The loan was approved on 02/07/2021 by The Peoples Bank reported 60 jobs and $587,423 was used to fund payroll.

West end electric co. inc. is Existing or more than 2 years old

PPP Loan Search / OH / Portsmouth / West end electric co. inc.

WEST END ELECTRIC CO. INC.

Date Approved

02/07/2021

SBA Office Code

0593

Processing Method

PPP

Borrower Name

WEST END ELECTRIC CO. INC.

Borrower Address

640 2nd St

Borrower City

Portsmouth

Borrower State

OH

Borrower Zip

45662-3902

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

587422.50

Current Approval Amount

587422.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Portsmouth

Project County Name

SCIOTO

Project State

OH

Project Zip

45662-3902

CD

OH-02

Jobs Reported

60

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

587418.50

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

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

590571.74

Forgiveness Date

08/24/2021

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