PPP Loan information for Electrical contractor incorporated
$612,917
Electrical contractor incorporated was initially approved for PPP Loan of amount $612,917, the current approved amount is $612,917. The loan was approved on 04/27/2020 by The United Bank reported 68 jobs and $612,917 was used to fund payroll.
Electrical contractor incorporated is Existing or more than 2 years old
ELECTRICAL CONTRACTOR INCORPORATED
Date Approved
04/27/2020
SBA Office Code
0405
Processing Method
PPP
Borrower Name
ELECTRICAL CONTRACTOR INCORPORATED
Borrower Address
8141 Technology Drive Suite D
Borrower City
Covington
Borrower State
GA
Borrower Zip
30014-0974
Loan Status Date
04/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
612917.00
Current Approval Amount
612917.00
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
30014-0974
CD
GA-04
Jobs Reported
68
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
45968.77
Payroll Proceed
459687.75
Mortgage Interest Proceed
107260.48
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
19839
Originating Lender
United Bank
Originating Lender City
ZEBULON
Originating Lender State
GA
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
618535.41
Forgiveness Date
03/31/2021