PPP Loan information for Akron electric company inc

$615,700

Akron electric company inc was initially approved for PPP Loan of amount $615,700, the current approved amount is $615,700. The loan was approved on 04/04/2020 by The Cass Commercial Bank reported 30 jobs and $615,700 was used to fund payroll.

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

PPP Loan Search / MO / SAINT LOUIS / Akron electric company inc

AKRON ELECTRIC COMPANY INC

Date Approved

04/04/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

AKRON ELECTRIC COMPANY INC

Borrower Address

3935 BAYLESS AVE

Borrower City

SAINT LOUIS

Borrower State

MO

Borrower Zip

63125-1437

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

615700.00

Current Approval Amount

615700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41291

Servicing Lender Name

Cass Commercial Bank

Servicing Lender Address

12412 Powerscourt Dr, Ste 175

Servicing Lender City

SAINT LOUIS

Servicing Lender State

MO

Servicing Lender Zip

63131-3659

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAINT LOUIS

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63125-1437

CD

MO-02

Jobs Reported

30

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

615700.00

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

41291

Originating Lender

Cass Commercial Bank

Originating Lender City

SAINT LOUIS

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

619171.86

Forgiveness Date

11/03/2020

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