PPP Loan information for Alabama electric company inc of dothan

$297,400

Alabama electric company inc of dothan was initially approved for PPP Loan of amount $297,400, the current approved amount is $297,400. The loan was approved on 04/14/2020 by The Truist Bank reported 34 jobs and $297,400 was used to fund payroll.

Alabama electric company inc of dothan is Existing or more than 2 years old

PPP Loan Search / AL / DOTHAN / Alabama electric company inc of dothan

ALABAMA ELECTRIC COMPANY INC OF DOTHAN

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ALABAMA ELECTRIC COMPANY INC OF DOTHAN

Borrower Address

1728 HEADLAND AVE

Borrower City

DOTHAN

Borrower State

AL

Borrower Zip

36303-5758

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

297400.00

Current Approval Amount

297400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DOTHAN

Project County Name

HOUSTON

Project State

AL

Project Zip

36303-5758

CD

AL-02

Jobs Reported

34

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

297400.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

299415.71

Forgiveness Date

12/31/2020

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