PPP Loan information for Wells & tate electric co., inc.

$571,169

Wells & tate electric co., inc. was initially approved for PPP Loan of amount $571,169, the current approved amount is $571,169. The loan was approved on 04/06/2020 by The United Community Bank reported 43 jobs and $571,169 was used to fund payroll.

Wells & tate electric co., inc. is Existing or more than 2 years old

PPP Loan Search / AL / MERIDIANVILLE / Wells & tate electric co., inc.

WELLS & TATE ELECTRIC CO., INC.

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

WELLS & TATE ELECTRIC CO., INC.

Borrower Address

160 Wells Road

Borrower City

MERIDIANVILLE

Borrower State

AL

Borrower Zip

35759-2326

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

571169.00

Current Approval Amount

571169.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MERIDIANVILLE

Project County Name

MADISON

Project State

AL

Project Zip

35759-2326

CD

AL-05

Jobs Reported

43

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

571169.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

576658.57

Forgiveness Date

03/29/2021

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