BROOKS ELECTRIC COMPANY INC. (KY) - 2020 PPP Loan Borrower Profile (# 6085058305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BROOKS 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

6085058305

SBA Office Code

0457

Processing Method

PPS

Curent Loan Amount

$149,200

Date Loan was Approved

Jan 26, 2021

Amount Forgiven

$150,818.72

Date Loan was Forgiven

Mar 8, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

149,200

Lender

Traditional Bank, Inc.

Business Detail

Business Type

Subchapter S Corporation

NAICS

238210

Borrower Location

Nicholasville, KY

Project Location

Nicholasville, KY

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.