PPP Loan information for Abec electric company, llc

$2,137,000

Abec electric company, llc was initially approved for PPP Loan of amount $2,137,000, the current approved amount is $2,137,000. The loan was approved on 04/12/2020 by The Pinnacle Bank reported 150 jobs and $2,137,000 was used to fund payroll.

Abec electric company, llc is Existing or more than 2 years old

ABEC ELECTRIC COMPANY, LLC

Date Approved

04/12/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ABEC ELECTRIC COMPANY, LLC

Borrower Address

407 SPENCE LN

Borrower City

NASHVILLE

Borrower State

TN

Borrower Zip

37210-3616

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2137000.00

Current Approval Amount

2137000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NASHVILLE

Project County Name

DAVIDSON

Project State

TN

Project Zip

37210-3616

CD

TN-05

Jobs Reported

150

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2137000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2161180.30

Forgiveness Date

06/09/2021

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