PPP Loan information for Electrical concepts & installations llc

$24,723

Electrical concepts & installations llc was initially approved for PPP Loan of amount $24,723, the current approved amount is $24,723. The loan was approved on 04/13/2020 by The Volunteer State Bank reported 3 jobs and $24,723 was used to fund payroll.

Electrical concepts & installations llc is New Business or 2 years or less

ELECTRICAL CONCEPTS & INSTALLATIONS LLC

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ELECTRICAL CONCEPTS & INSTALLATIONS LLC

Borrower Address

2008 HWY 25

Borrower City

GALLATIN

Borrower State

TN

Borrower Zip

37066-6115

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24722.50

Current Approval Amount

24722.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68778

Servicing Lender Name

Volunteer State Bank

Servicing Lender Address

101 Hwy 52 W

Servicing Lender City

PORTLAND

Servicing Lender State

TN

Servicing Lender Zip

37148-1407

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GALLATIN

Project County Name

SUMNER

Project State

TN

Project Zip

37066-6115

CD

TN-06

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

18541.88

Mortgage Interest Proceed

6180.62

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

68778

Originating Lender

Volunteer State Bank

Originating Lender City

PORTLAND

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

24991.70

Forgiveness Date

05/11/2021

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