PPP Loan information for Acker electric, inc

$582,340

Acker electric, inc was initially approved for PPP Loan of amount $582,340, the current approved amount is $582,340. The loan was approved on 04/08/2020 by The SouthPoint Bank reported 42 jobs and $582,340 was used to fund payroll.

Acker electric, inc is Existing or more than 2 years old

ACKER ELECTRIC, INC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ACKER ELECTRIC, INC

Borrower Address

4265 Hill Street

Borrower City

ANNISTON

Borrower State

AL

Borrower Zip

36206-2107

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

582340.00

Current Approval Amount

582340.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ANNISTON

Project County Name

CALHOUN

Project State

AL

Project Zip

36206-2107

CD

AL-03

Jobs Reported

42

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

582340.00

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

Subchapter S 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

586384.03

Forgiveness Date

12/28/2020

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