PPP Loan information for Butler electrical contractors, llc

$219,500

Butler electrical contractors, llc was initially approved for PPP Loan of amount $219,500, the current approved amount is $219,500. The loan was approved on 04/10/2020 by The Peoples Bank of Alabama reported 33 jobs and $219,500 was used to fund payroll.

Butler electrical contractors, llc is Existing or more than 2 years old

PPP Loan Search / AL / RAINBOW CITY / Butler electrical contractors, llc

BUTLER ELECTRICAL CONTRACTORS, LLC

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BUTLER ELECTRICAL CONTRACTORS, LLC

Borrower Address

3518 MONTROSE AVE

Borrower City

RAINBOW CITY

Borrower State

AL

Borrower Zip

35906-3305

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

219500.00

Current Approval Amount

219500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RAINBOW CITY

Project County Name

ETOWAH

Project State

AL

Project Zip

35906-3305

CD

AL-04

Jobs Reported

33

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

25000.00

Payroll Proceed

165000.00

Mortgage Interest Proceed

29500.00

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

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

222134.00

Forgiveness Date

06/22/2021

;