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Faughn Electric Inc.

$105,000 PPP Loan in Paducah, Kentucky

Loan Details

Loan Number
9121068506
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$105,000
Current Approval
$105,000
Forgiveness Amount
$105,403
Forgiveness Date
Aug 4, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Faughn Electric Inc.
Address
5980 Old Mayfield Rd
City
Paducah
State
Kentucky
ZIP Code
42003-9296
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
KY-01

Loan Use Breakdown

Payroll
$104,999
Utilities
$1

Lender Information

Servicing Lender
Regions Bank
Originating Lender
Regions Bank

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