PPP Loan information for Electric red, inc

$156,878

Electric red, inc was initially approved for PPP Loan of amount $156,878, the current approved amount is $156,878. The loan was approved on 04/28/2020 by The Synovus Bank reported 14 jobs and $156,878 was used to fund payroll.

Electric red, inc is Existing or more than 2 years old

PPP Loan Search / SC / CHARLESTON / Electric red, inc

ELECTRIC RED, INC

Date Approved

04/28/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

ELECTRIC RED, INC

Borrower Address

1662 Savannah HWY

Borrower City

CHARLESTON

Borrower State

SC

Borrower Zip

29407-2235

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156878.25

Current Approval Amount

156878.25

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHARLESTON

Project County Name

CHARLESTON

Project State

SC

Project Zip

29407-2235

CD

SC-06

Jobs Reported

14

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

156878.25

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

Subchapter S 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

157961.35

Forgiveness Date

01/07/2021

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