PPP Loan information for Booth electric

$40,550

Booth electric was initially approved for PPP Loan of amount $40,550, the current approved amount is $40,550. The loan was approved on 04/09/2020 by The Traditions Bank reported 6 jobs and $40,550 was used to fund payroll.

Booth electric is Existing or more than 2 years old

PPP Loan Search / AL / KIMBERLY / Booth electric

BOOTH ELECTRIC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BOOTH ELECTRIC

Borrower Address

9288 HIGHWAY 31

Borrower City

KIMBERLY

Borrower State

AL

Borrower Zip

35091-2104

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40550.00

Current Approval Amount

40550.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328816

Servicing Lender Name

Traditions Bank

Servicing Lender Address

109 2nd Ave NW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-3426

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KIMBERLY

Project County Name

JEFFERSON

Project State

AL

Project Zip

35091-2104

CD

AL-06

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40550.00

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

328816

Originating Lender

Traditions Bank

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

40750.50

Forgiveness Date

10/13/2020

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