PPP Loan information for Mcdavid electric company

$118,330

Mcdavid electric company was initially approved for PPP Loan of amount $118,332, the current approved amount is $118,330. The loan was approved on 04/08/2020 by The Bank of Tennessee reported 22 jobs and $118,330 was used to fund payroll.

Mcdavid electric company is Existing or more than 2 years old

PPP Loan Search / TN / JONESBOROUGH / Mcdavid electric company

MCDAVID ELECTRIC COMPANY

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MCDAVID ELECTRIC COMPANY

Borrower Address

169 KELSEY PETERSON RD

Borrower City

JONESBOROUGH

Borrower State

TN

Borrower Zip

37659-6421

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118332.00

Current Approval Amount

118330.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67108

Servicing Lender Name

Bank of Tennessee

Servicing Lender Address

301 E Center St

Servicing Lender City

KINGSPORT

Servicing Lender State

TN

Servicing Lender Zip

37660-4801

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JONESBOROUGH

Project County Name

WASHINGTON

Project State

TN

Project Zip

37659-6421

CD

TN-01

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

118330.00

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

67108

Originating Lender

Bank of Tennessee

Originating Lender City

KINGSPORT

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

119832.13

Forgiveness Date

07/22/2021

;