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Parsons Electric, INC

$524,700 PPP Loan in Lexington, Kentucky

Loan Details

Loan Number
4621017009
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$524,700
Current Approval
$524,700
Forgiveness Amount
$530,148
Forgiveness Date
Apr 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Parsons Electric, INC
Address
116 Trade St
City
Lexington
State
Kentucky
ZIP Code
40511-2610
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$18.1M
Rural/Urban
Urban
Congressional District
KY-06

Loan Use Breakdown

Payroll
$524,700

Lender Information

Servicing Lender
Traditional Bank, Inc.
Originating Lender
Traditional Bank, Inc.

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