PPP Loan information for Wadsworth electric, inc.

$273,601

Wadsworth electric, inc. was initially approved for PPP Loan of amount $273,601, the current approved amount is $273,601. The loan was approved on 04/30/2020 by The Truist Bank reported 29 jobs and $273,601 was used to fund payroll.

Wadsworth electric, inc. is Existing or more than 2 years old

WADSWORTH ELECTRIC, INC.

Date Approved

04/30/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

WADSWORTH ELECTRIC, INC.

Borrower Address

916 Markeeta Spur Rd

Borrower City

Moody

Borrower State

AL

Borrower Zip

35242

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

273601.00

Current Approval Amount

273601.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Moody

Project County Name

SHELBY

Project State

AL

Project Zip

35242-0300

CD

AL-06

Jobs Reported

29

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

273601.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

275812.61

Forgiveness Date

02/24/2021

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