PPP Loan information for Future electric & construction inc

$62,500

Future electric & construction inc was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 04/29/2020 by The American Express National Bank reported 7 jobs and $62,500 was used to fund payroll.

Future electric & construction inc is Existing or more than 2 years old

PPP Loan Search / AL / Bessemer / Future electric & construction inc

FUTURE ELECTRIC & CONSTRUCTION INC

Date Approved

04/29/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FUTURE ELECTRIC & CONSTRUCTION INC

Borrower Address

425 4th Avenue North

Borrower City

Bessemer

Borrower State

AL

Borrower Zip

35020

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bessemer

Project County Name

JEFFERSON

Project State

AL

Project Zip

35020-0400

CD

AL-07

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

56250.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3750.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63184.93

Forgiveness Date

06/10/2021

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