BELTLINE ELECTRIC COMPANY, INC (KY) - 2020 PPP Loan Borrower Profile (# 1993307108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BELTLINE ELECTRIC COMPANY, INC. 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

1993307108

SBA Office Code

0457

Processing Method

PPP

Curent Loan Amount

$4,659,400

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$4,719,270.1

Date Loan was Forgiven

Jul 30, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

93,188

Payroll Proced

4,193,460

Rent Proceed

372,752

Lender

The Paducah Bank and Trust Company

Business Detail

Business Type

Corporation

NAICS

238210

Borrower Location

PADUCAH, KY

Project Location

PADUCAH, KY

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

257

Business Age Description

Existing or more than 2 years old

Data Source: SBA.