PPP Loan information for White metro electric company, inc

$238,250

White metro electric company, inc was initially approved for PPP Loan of amount $238,250, the current approved amount is $238,250. The loan was approved on 04/08/2020 by The SouthPoint Bank reported 26 jobs and $238,250 was used to fund payroll.

White metro electric company, inc is Existing or more than 2 years old

PPP Loan Search / AL / ADAMSVILLE / White metro electric company, inc

WHITE METRO ELECTRIC COMPANY, INC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

WHITE METRO ELECTRIC COMPANY, INC

Borrower Address

4500 Veterans Memorial Drive

Borrower City

ADAMSVILLE

Borrower State

AL

Borrower Zip

35005-1363

Loan Status Date

07/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

238250.00

Current Approval Amount

238250.00

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

26

NAICS Code

235310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

238250.00

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

225062.35

Forgiveness Date

02/10/2021

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