PPP Loan information for Balentine electric co

$44,927

Balentine electric co was initially approved for PPP Loan of amount $44,927, the current approved amount is $44,927. The loan was approved on 04/11/2020 by The First Metro Bank reported 3 jobs and $44,927 was used to fund payroll.

Balentine electric co is New Business or 2 years or less

PPP Loan Search / AL / FLORENCE / Balentine electric co

BALENTINE ELECTRIC CO

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BALENTINE ELECTRIC CO

Borrower Address

110 COUNTY ROAD 24

Borrower City

FLORENCE

Borrower State

AL

Borrower Zip

35633-7800

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44927.00

Current Approval Amount

44927.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112619

Servicing Lender Name

First Metro Bank

Servicing Lender Address

406 W Avalon Ave

Servicing Lender City

MUSCLE SHOALS

Servicing Lender State

AL

Servicing Lender Zip

35661-2808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FLORENCE

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35633-7800

CD

AL-05

Jobs Reported

3

NAICS Code

811118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

44927.00

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

Sole Proprietorship

Originating Lender Location Id

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

45177.84

Forgiveness Date

11/05/2020

;