PPP Loan information for Garner electric inc

$449,107

Garner electric inc was initially approved for PPP Loan of amount $449,107, the current approved amount is $449,107. The loan was approved on 04/10/2020 by The Valley National Bank reported 50 jobs and $449,107 was used to fund payroll.

Garner electric inc is Existing or more than 2 years old

PPP Loan Search / AL / MILLBROOK / Garner electric inc

GARNER ELECTRIC INC

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GARNER ELECTRIC INC

Borrower Address

2701 MAIN ST

Borrower City

MILLBROOK

Borrower State

AL

Borrower Zip

36054-3815

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

449107.00

Current Approval Amount

449107.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILLBROOK

Project County Name

ELMORE

Project State

AL

Project Zip

36054-3815

CD

AL-02

Jobs Reported

50

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

449107.00

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

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

454883.02

Forgiveness Date

07/28/2021

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