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DC Electric of Benton

$903,535 PPP Loan in Benton, Kentucky

Loan Details

Loan Number
5510657200
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$903,535
Current Approval
$903,535
Forgiveness Amount
$911,893
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
DC Electric of Benton
Address
1262 Dyke Rd.
City
Benton
State
Kentucky
ZIP Code
42025
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$14.5M
Rural/Urban
Rural
Congressional District
KY-01

Loan Use Breakdown

Payroll
$722,828
Rent
$60,236
Utilities
$60,236
Mortgage Interest
$60,236

Lender Information

Servicing Lender
The City National Bank of Metropolis
Originating Lender
The City National Bank of Metropolis

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