PPP Loan information for White metro electric co. inc.

$287,500

White metro electric co. inc. was initially approved for PPP Loan of amount $287,500, the current approved amount is $287,500. The loan was approved on 01/27/2021 by The SouthPoint Bank reported 27 jobs and $287,500 was used to fund payroll.

White metro electric co. inc. is Existing or more than 2 years old

PPP Loan Search / AL / Adamsville / White metro electric co. inc.

WHITE METRO ELECTRIC CO. INC.

Date Approved

01/27/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

WHITE METRO ELECTRIC CO. INC.

Borrower Address

4500 Veterans Memorial Dr

Borrower City

Adamsville

Borrower State

AL

Borrower Zip

35005-1363

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

287500.00

Current Approval Amount

287500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437056

Servicing Lender Name

SouthPoint Bank

Servicing Lender Address

3501 Grandview Pkwy

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35243-1930

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Adamsville

Project County Name

JEFFERSON

Project State

AL

Project Zip

35005-1363

CD

AL-06

Jobs Reported

27

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

287498.00

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

437056

Originating Lender

SouthPoint Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

270968.64

Forgiveness Date

01/28/2022

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