PPP Loan information for D&l electric, inc.

$316,053

D&l electric, inc. was initially approved for PPP Loan of amount $316,053, the current approved amount is $316,053. The loan was approved on 04/28/2020 by The United Bank reported 20 jobs and $316,053 was used to fund payroll.

D&l electric, inc. is Existing or more than 2 years old

PPP Loan Search / GA / Covington / D&l electric, inc.

D&L ELECTRIC, INC.

Date Approved

04/28/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

D&L ELECTRIC, INC.

Borrower Address

10407 Old Atlanta Hwy

Borrower City

Covington

Borrower State

GA

Borrower Zip

30014

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

316053.00

Current Approval Amount

316053.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19839

Servicing Lender Name

United Bank

Servicing Lender Address

420 Griffin St

Servicing Lender City

ZEBULON

Servicing Lender State

GA

Servicing Lender Zip

30295-6687

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Covington

Project County Name

NEWTON

Project State

GA

Project Zip

30014-0200

CD

GA-10

Jobs Reported

20

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

31605.30

Payroll Proceed

252842.40

Mortgage Interest Proceed

0.00

Rent Proceed

31605.30

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

19839

Originating Lender

United Bank

Originating Lender City

ZEBULON

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

318353.16

Forgiveness Date

01/25/2021

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