PPP Loan information for Shores electrical

$41,763

Shores electrical was initially approved for PPP Loan of amount $41,763, the current approved amount is $41,763. The loan was approved on 05/01/2020 by The Bank Independent reported 4 jobs and $41,763 was used to fund payroll.

Shores electrical is Existing or more than 2 years old

SHORES ELECTRICAL

Date Approved

05/01/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SHORES ELECTRICAL

Borrower Address

2819 Nancy Green Ridge Rd

Borrower City

Prospect

Borrower State

TN

Borrower Zip

38477

Loan Status Date

01/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41762.50

Current Approval Amount

41762.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Prospect

Project County Name

GILES

Project State

TN

Project Zip

38477-0001

CD

TN-07

Jobs Reported

4

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41762.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42027.00

Forgiveness Date

12/23/2020

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