PPP Loan information for Summit electrical services llc

$111,872

Summit electrical services llc was initially approved for PPP Loan of amount $111,872, the current approved amount is $111,872. The loan was approved on 03/13/2021 by The Tennessee State Bank reported 12 jobs and $111,872 was used to fund payroll.

Summit electrical services llc is Existing or more than 2 years old

PPP Loan Search / TN / Newport / Summit electrical services llc

SUMMIT ELECTRICAL SERVICES LLC

Date Approved

03/13/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

SUMMIT ELECTRICAL SERVICES LLC

Borrower Address

939 Nibor Way

Borrower City

Newport

Borrower State

TN

Borrower Zip

37821-6062

Loan Status Date

02/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

111872.10

Current Approval Amount

111872.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67003

Servicing Lender Name

Tennessee State Bank

Servicing Lender Address

2210 Parkway

Servicing Lender City

Pigeon Forge

Servicing Lender State

TN

Servicing Lender Zip

37868

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

COCKE

Project State

TN

Project Zip

37821-6062

CD

TN-01

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

111869.10

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

67003

Originating Lender

Tennessee State Bank

Originating Lender City

Pigeon Forge

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112798.15

Forgiveness Date

01/11/2022

;