PPP Loan information for Atlas electric motor service inc

$120,549

Atlas electric motor service inc was initially approved for PPP Loan of amount $120,549, the current approved amount is $120,549. The loan was approved on 03/08/2021 by The Truist Bank reported 18 jobs and $120,549 was used to fund payroll.

Atlas electric motor service inc is Existing or more than 2 years old

PPP Loan Search / KY / Walton / Atlas electric motor service inc

ATLAS ELECTRIC MOTOR SERVICE INC

Date Approved

03/08/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

ATLAS ELECTRIC MOTOR SERVICE INC

Borrower Address

76 Cummings Dr

Borrower City

Walton

Borrower State

KY

Borrower Zip

41094-9363

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

120548.95

Current Approval Amount

120548.95

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

Existing or more than 2 years old

Project City

Walton

Project County Name

BOONE

Project State

KY

Project Zip

41094-9363

CD

KY-04

Jobs Reported

18

NAICS Code

811310

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

120546.95

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

122079.25

Forgiveness Date

07/07/2022

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