PPP Loan information for A-c electric co inc

$325,000

A-c electric co inc was initially approved for PPP Loan of amount $325,000, the current approved amount is $325,000. The loan was approved on 02/04/2021 by The Synovus Bank reported 56 jobs and $325,000 was used to fund payroll.

A-c electric co inc is Existing or more than 2 years old

A-C ELECTRIC CO INC

Date Approved

02/04/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

A-C ELECTRIC CO INC

Borrower Address

6125 Highway 162

Borrower City

Hollywood

Borrower State

SC

Borrower Zip

29449-5768

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

325000.00

Current Approval Amount

325000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hollywood

Project County Name

CHARLESTON

Project State

SC

Project Zip

29449-5768

CD

SC-06

Jobs Reported

56

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

324997.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

329220.55

Forgiveness Date

05/26/2022

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