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Kansas Electric, Inc.

$731,400 PPP Loan in Newton, Kansas

Loan Details

Loan Number
4765357005
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$731,400
Current Approval
$731,400
Forgiveness Amount
$737,572
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kansas Electric, Inc.
Address
1420 NW 36th St
City
Newton
State
Kansas
ZIP Code
67114-9035
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
$18.4M
Rural/Urban
Rural
Congressional District
KS-04

Loan Use Breakdown

Payroll
$548,550
Utilities
$182,850

Lender Information

Servicing Lender
The Citizens State Bank
Originating Lender
The Citizens State Bank

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