Bcu Electric, Inc.
$2,783,800 PPP Loan in Ashland, Ohio
Loan Details
- Loan Number
- 5214067010
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,783,800
- Current Approval
- $2,783,800
- Forgiveness Amount
- $2,820,714
- Forgiveness Date
- Aug 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
Loan Use Breakdown
- Payroll
- $2,438,150
- Rent
- $10,000
- Utilities
- $10,000
- Health Care
- $323,650
- Debt Interest
- $2,000
Lender Information
- Servicing Lender
- Sutton Bank
- Originating Lender
- Sutton Bank
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