Economy Electric, INC

$163,300 PPP Loan in Manhattan, Kansas

Loan Details

Loan Number
2245597102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$163,300
Current Approval
$163,300
Forgiveness Amount
$165,074
Forgiveness Date
May 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Economy Electric, INC
Address
2501 Stagg Hill Rd.
State
Kansas
ZIP Code
66502-3160
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
KS-01

Loan Use Breakdown

Payroll
$154,610
Rent
$6,250
Utilities
$2,440

Lender Information

Servicing Lender
Commerce Bank
Originating Lender
Commerce Bank

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