PPP Loan information for Gainesville industrial electric co

$162,600

Gainesville industrial electric co was initially approved for PPP Loan of amount $162,600, the current approved amount is $162,600. The loan was approved on 04/28/2020 by The Metro City Bank reported 18 jobs and $162,600 was used to fund payroll.

Gainesville industrial electric co is Existing or more than 2 years old

PPP Loan Search / GA / GAINESVILLE / Gainesville industrial electric co

GAINESVILLE INDUSTRIAL ELECTRIC CO

Date Approved

04/28/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

GAINESVILLE INDUSTRIAL ELECTRIC CO

Borrower Address

1011 ATHENS ST

Borrower City

GAINESVILLE

Borrower State

GA

Borrower Zip

30501-6941

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162600.00

Current Approval Amount

162600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440691

Servicing Lender Name

Metro City Bank

Servicing Lender Address

5114 Buford Hwy

Servicing Lender City

DORAVILLE

Servicing Lender State

GA

Servicing Lender Zip

30340-1105

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GAINESVILLE

Project County Name

HALL

Project State

GA

Project Zip

30501-6941

CD

GA-09

Jobs Reported

18

NAICS Code

423610

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

162600.00

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

440691

Originating Lender

Metro City Bank

Originating Lender City

DORAVILLE

Originating Lender State

GA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

164520.02

Forgiveness Date

07/13/2021

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