PPP Loan information for Armstrong electric company inc

$632,958

Armstrong electric company inc was initially approved for PPP Loan of amount $632,958, the current approved amount is $632,958. The loan was approved on 03/13/2021 by The ServisFirst Bank reported 70 jobs and $632,958 was used to fund payroll.

Armstrong electric company inc is Existing or more than 2 years old

PPP Loan Search / FL / Pensacola / Armstrong electric company inc

ARMSTRONG ELECTRIC COMPANY INC

Date Approved

03/13/2021

SBA Office Code

0491

Processing Method

PPS

Borrower Name

ARMSTRONG ELECTRIC COMPANY INC

Borrower Address

175A E Olive Rd

Borrower City

Pensacola

Borrower State

FL

Borrower Zip

32514-4586

Loan Status Date

06/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

632958.00

Current Approval Amount

632958.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pensacola

Project County Name

ESCAMBIA

Project State

FL

Project Zip

32514-4586

CD

FL-01

Jobs Reported

70

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

632958.00

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

Subchapter S Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

640606.24

Forgiveness Date

05/26/2022

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