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Koester Electric INC

$256,585 PPP Loan in Coldwater, Ohio

Loan Details

Loan Number
8381357200
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$256,585
Current Approval
$256,585
Forgiveness Amount
$258,687
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Koester Electric INC
Address
1000 N Second Street
City
Coldwater
State
Ohio
ZIP Code
45828
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
OH-05

Loan Use Breakdown

Payroll
$246,013
Rent
$9,458
Utilities
$1,114

Lender Information

Servicing Lender
The Peoples Bank Co
Originating Lender
The Peoples Bank Co

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