PPP Loan information for Armstrong electric company, inc.

$705,000

Armstrong electric company, inc. was initially approved for PPP Loan of amount $705,000, the current approved amount is $705,000. The loan was approved on 04/08/2020 by The ServisFirst Bank reported 83 jobs and $705,000 was used to fund payroll.

Armstrong electric company, inc. is Existing or more than 2 years old

PPP Loan Search / FL / PENSACOLA / Armstrong electric company, inc.

ARMSTRONG ELECTRIC COMPANY, INC.

Date Approved

04/08/2020

SBA Office Code

0491

Processing Method

PPP

Borrower Name

ARMSTRONG ELECTRIC COMPANY, INC.

Borrower Address

4920 CHANEY ST

Borrower City

PENSACOLA

Borrower State

FL

Borrower Zip

32503-2213

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

705000.00

Current Approval Amount

705000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PENSACOLA

Project County Name

ESCAMBIA

Project State

FL

Project Zip

32503-2213

CD

FL-01

Jobs Reported

83

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

705000.00

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

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

714497.92

Forgiveness Date

08/12/2021

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