PPP Loan information for Allstate electrical contractors inc

$388,400

Allstate electrical contractors inc was initially approved for PPP Loan of amount $388,400, the current approved amount is $388,400. The loan was approved on 04/08/2020 by The First United Bank and Trust Company reported 60 jobs and $388,400 was used to fund payroll.

Allstate electrical contractors inc is Existing or more than 2 years old

ALLSTATE ELECTRICAL CONTRACTORS INC

Date Approved

04/08/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

ALLSTATE ELECTRICAL CONTRACTORS INC

Borrower Address

1524 S MAY AVE

Borrower City

OKLAHOMA CITY

Borrower State

OK

Borrower Zip

73108-2247

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

388400.00

Current Approval Amount

388400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58899

Servicing Lender Name

First United Bank and Trust Company

Servicing Lender Address

1400 W Main St

Servicing Lender City

DURANT

Servicing Lender State

OK

Servicing Lender Zip

74701-4906

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OKLAHOMA CITY

Project County Name

OKLAHOMA

Project State

OK

Project Zip

73108-2247

CD

OK-03

Jobs Reported

60

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19420.00

Payroll Proceed

341792.00

Mortgage Interest Proceed

0.00

Rent Proceed

27188.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

58899

Originating Lender

First United Bank and Trust Company

Originating Lender City

DURANT

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

390943.22

Forgiveness Date

12/16/2020

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