Mel Kay Electric Company INC

$2,000,000 PPP Loan in Evansville, Indiana

Loan Details

Loan Number
7593478303
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,023,616
Forgiveness Date
Apr 11, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mel Kay Electric Company INC
Address
1511 N Garvin St
State
Indiana
ZIP Code
47711-4655
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
176
Estimated Revenue
$57.9M
Rural/Urban
Urban
Congressional District
IN-08

Loan Use Breakdown

Payroll
$1,999,996
Utilities
$1

Lender Information

Servicing Lender
Banterra Bank
Originating Lender
Banterra Bank

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