Galloway Electric INC

$446,500 PPP Loan in Henderson, Kentucky

Loan Details

Loan Number
9602947003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$446,500
Current Approval
$446,500
Forgiveness Amount
$452,577
Forgiveness Date
Aug 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Galloway Electric INC
Address
1412 Green St
ZIP Code
42420-4343
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$7.2M
Rural/Urban
Rural
Congressional District
KY-01

Loan Use Breakdown

Payroll
$358,000
Rent
$60,000
Utilities
$28,500

Lender Information

Servicing Lender
Field & Main Bank
Originating Lender
Field & Main Bank

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