PPP Loan information for United electric company inc

$1,229,536

United electric company inc was initially approved for PPP Loan of amount $1,229,536, the current approved amount is $1,229,536. The loan was approved on 02/06/2021 by The ServisFirst Bank reported 76 jobs and $1,229,536 was used to fund payroll.

United electric company inc is Existing or more than 2 years old

UNITED ELECTRIC COMPANY INC

Date Approved

02/06/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

UNITED ELECTRIC COMPANY INC

Borrower Address

1270 Kennestone Cir

Borrower City

Marietta

Borrower State

GA

Borrower Zip

30066-6028

Loan Status Date

06/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1229536.00

Current Approval Amount

1229536.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marietta

Project County Name

COBB

Project State

GA

Project Zip

30066-6028

CD

GA-11

Jobs Reported

76

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1229536.00

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

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1245588.28

Forgiveness Date

05/25/2022

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