PPP Loan information for Audet electric inc

$517,697

Audet electric inc was initially approved for PPP Loan of amount $517,697, the current approved amount is $517,697. The loan was approved on 04/12/2020 by The PNC Bank, National Association reported 40 jobs and $517,697 was used to fund payroll.

Audet electric inc is Existing or more than 2 years old

AUDET ELECTRIC INC

Date Approved

04/12/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

AUDET ELECTRIC INC

Borrower Address

22840 McAuliffe Drive

Borrower City

ROBERTSDALE

Borrower State

AL

Borrower Zip

36567-6100

Loan Status Date

02/07/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

517697.00

Current Approval Amount

517697.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROBERTSDALE

Project County Name

BALDWIN

Project State

AL

Project Zip

36567-6100

CD

AL-01

Jobs Reported

40

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

507697.00

Mortgage Interest Proceed

5000.00

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

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

430937.32

Forgiveness Date

11/02/2022

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