PPP Loan information for Electrical solutions, inc.

$49,687

Electrical solutions, inc. was initially approved for PPP Loan of amount $56,250, the current approved amount is $49,687. The loan was approved on 04/10/2020 by The North Alabama Bank reported 8 jobs and $49,687 was used to fund payroll.

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

ELECTRICAL SOLUTIONS, INC.

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ELECTRICAL SOLUTIONS, INC.

Borrower Address

25305 UNION HILL RD

Borrower City

ARDMORE

Borrower State

TN

Borrower Zip

38449-3171

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56250.00

Current Approval Amount

49687.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112964

Servicing Lender Name

North Alabama Bank

Servicing Lender Address

13914 Hwy 231-431 North

Servicing Lender City

HAZEL GREEN

Servicing Lender State

AL

Servicing Lender Zip

35750

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARDMORE

Project County Name

GILES

Project State

TN

Project Zip

38449-3171

CD

TN-04

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49687.00

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

112964

Originating Lender

North Alabama Bank

Originating Lender City

HAZEL GREEN

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40954.86

Forgiveness Date

12/10/2020

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