PPP Loan information for Electrical design associates, inc.

$204,350

Electrical design associates, inc. was initially approved for PPP Loan of amount $204,350, the current approved amount is $204,350. The loan was approved on 04/29/2020 by The Truist Bank reported 13 jobs and $204,350 was used to fund payroll.

Electrical design associates, inc. is Existing or more than 2 years old

PPP Loan Search / FL / Lake Worth / Electrical design associates, inc.

ELECTRICAL DESIGN ASSOCIATES, INC.

Date Approved

04/29/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

ELECTRICAL DESIGN ASSOCIATES, INC.

Borrower Address

8401 Lake Worth Rd Ste 221

Borrower City

Lake Worth

Borrower State

FL

Borrower Zip

33467

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

204350.00

Current Approval Amount

204350.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lake Worth

Project County Name

PALM BEACH

Project State

FL

Project Zip

33467-0900

CD

FL-22

Jobs Reported

13

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

204350.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

206410.53

Forgiveness Date

05/06/2021

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