PPP Loan information for Around the loop electrical distributor,llc.

$116,198

Around the loop electrical distributor,llc. was initially approved for PPP Loan of amount $206,523, the current approved amount is $116,198. The loan was approved on 04/11/2020 by The Truist Bank reported 8 jobs and $116,198 was used to fund payroll.

Around the loop electrical distributor,llc. is New Business or 2 years or less

AROUND THE LOOP ELECTRICAL DISTRIBUTOR,LLC.

Date Approved

04/11/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

AROUND THE LOOP ELECTRICAL DISTRIBUTOR,LLC.

Borrower Address

436 EGLINGTON TRL

Borrower City

LOCUST GROVE

Borrower State

GA

Borrower Zip

30248-7012

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

206523.00

Current Approval Amount

116197.96

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LOCUST GROVE

Project County Name

HENRY

Project State

GA

Project Zip

30248-7012

CD

GA-10

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

116197.96

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 Partnership

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

118076.49

Forgiveness Date

12/16/2021

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