BAX ELECTRICAL SOLUTIONS LLC (KY) - 2020 PPP Loan Borrower Profile (# 5158387202)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAX ELECTRICAL SOLUTIONS LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Kentucky.

Loan Detail

Loan Number

5158387202

SBA Office Code

0457

Processing Method

PPP

Curent Loan Amount

$7,200

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$7,250.2

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

7,200

Lender

The Citizens National Bank of Somerset

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238210

Borrower Location

SOMERSET, KY

Project Location

SOMERSET, KY

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.