PPP Loan information for Electric service company

$394,807

Electric service company was initially approved for PPP Loan of amount $394,807, the current approved amount is $394,807. The loan was approved on 04/29/2020 by The Pinnacle Bank reported 35 jobs and $394,807 was used to fund payroll.

Electric service company is Existing or more than 2 years old

PPP Loan Search / TN / KNOXVILLE / Electric service company

ELECTRIC SERVICE COMPANY

Date Approved

04/29/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ELECTRIC SERVICE COMPANY

Borrower Address

7808 ASHEVILLE HWY

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37924

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

394807.00

Current Approval Amount

394807.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37924-0001

CD

TN-02

Jobs Reported

35

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

394807.00

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

Corporation

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

397002.78

Forgiveness Date

11/23/2020

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