PPP Loan information for Coalmont electrical development corporation

$410,241

Coalmont electrical development corporation was initially approved for PPP Loan of amount $410,241, the current approved amount is $410,241. The loan was approved on 05/01/2020 by The Synovus Bank reported 28 jobs and $410,241 was used to fund payroll.

Coalmont electrical development corporation is Existing or more than 2 years old

COALMONT ELECTRICAL DEVELOPMENT CORPORATION

Date Approved

05/01/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

COALMONT ELECTRICAL DEVELOPMENT CORPORATION

Borrower Address

22577 Highway 216

Borrower City

MCCALLA

Borrower State

AL

Borrower Zip

35111-2705

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

410241.20

Current Approval Amount

410241.20

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

MCCALLA

Project County Name

TUSCALOOSA

Project State

AL

Project Zip

35111-2705

CD

AL-07

Jobs Reported

28

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

410241.20

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

402730.37

Forgiveness Date

12/16/2020

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