PPP Loan information for Atlantic electric llc

$1,762,858

Atlantic electric llc was initially approved for PPP Loan of amount $1,762,900, the current approved amount is $1,762,858. The loan was approved on 04/09/2020 by The Truist Bank reported 120 jobs and $1,762,858 was used to fund payroll.

Atlantic electric llc is Existing or more than 2 years old

ATLANTIC ELECTRIC LLC

Date Approved

04/09/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

ATLANTIC ELECTRIC LLC

Borrower Address

7320 CROSS COUNTY RD

Borrower City

NORTH CHARLESTON

Borrower State

SC

Borrower Zip

29418-8423

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1762900.00

Current Approval Amount

1762858.00

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH CHARLESTON

Project County Name

CHARLESTON

Project State

SC

Project Zip

29418-8423

CD

SC-06

Jobs Reported

120

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1762858.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1779556.18

Forgiveness Date

03/31/2021

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