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Michel Electric

$3,554,933 PPP Loan in Danville, Kentucky

Loan Details

Loan Number
8200557203
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$3,554,933
Current Approval
$3,554,933
Forgiveness Amount
$3,596,506
Forgiveness Date
Jun 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Michel Electric
Address
305 West Main St.
City
Danville
State
Kentucky
ZIP Code
40422
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
$3,554,933

Lender Information

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

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