PPP Loan information for Sarasota electric corporation

$182,500

Sarasota electric corporation was initially approved for PPP Loan of amount $182,500, the current approved amount is $182,500. The loan was approved on 04/08/2020 by The BayFirst National Bank reported 18 jobs and $182,500 was used to fund payroll.

Sarasota electric corporation is Existing or more than 2 years old

SARASOTA ELECTRIC CORPORATION

Date Approved

04/08/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

SARASOTA ELECTRIC CORPORATION

Borrower Address

1882 Porter Lake Dr Suite 107

Borrower City

SARASOTA

Borrower State

FL

Borrower Zip

34240-7789

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

182500.00

Current Approval Amount

182500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123499

Servicing Lender Name

BayFirst National Bank

Servicing Lender Address

700 Central Avenue

Servicing Lender City

Saint Petersburg

Servicing Lender State

FL

Servicing Lender Zip

33701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SARASOTA

Project County Name

SARASOTA

Project State

FL

Project Zip

34240-7789

CD

FL-17

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

182500.00

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

123499

Originating Lender

BayFirst National Bank

Originating Lender City

Saint Petersburg

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

183795.00

Forgiveness Date

01/12/2021

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