PPP Loan information for Hollifield electric inc

$33,940

Hollifield electric inc was initially approved for PPP Loan of amount $33,940, the current approved amount is $33,940. The loan was approved on 03/06/2021 by The Valley National Bank reported 5 jobs and $33,940 was used to fund payroll.

Hollifield electric inc is Existing or more than 2 years old

HOLLIFIELD ELECTRIC INC

Date Approved

03/06/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

HOLLIFIELD ELECTRIC INC

Borrower Address

7741 Highway 31 N

Borrower City

Morris

Borrower State

AL

Borrower Zip

35116-1288

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

33940.00

Current Approval Amount

33940.00

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

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morris

Project County Name

JEFFERSON

Project State

AL

Project Zip

35116-1288

CD

AL-06

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

33937.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

34081.42

Forgiveness Date

08/06/2021

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