Michel Electric LLC

$2,000,000 PPP Loan in Danville, Kentucky

Loan Details

Loan Number
6035888309
Date Approved
Jan 26, 2021
Loan Status
Exemption 4
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$1,864,773
Forgiveness Date
Jan 20, 2023
Term
60 months
Draw
Second Draw

Business Information

Business Name
Michel Electric LLC
Address
305 W Main St
ZIP Code
40422-1813
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
261
Estimated Revenue
$85.9M
Rural/Urban
Rural
Congressional District
KY-01

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

Servicing Lender
City National Bank of West Virginia
Originating Lender
City National Bank of West Virginia

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