PPP Loan information for Coley electrical contractors, llc

$42,500

Coley electrical contractors, llc was initially approved for PPP Loan of amount $42,500, the current approved amount is $42,500. The loan was approved on 04/08/2020 by The Traditions Bank reported 7 jobs and $42,500 was used to fund payroll.

Coley electrical contractors, llc is New Business or 2 years or less

COLEY ELECTRICAL CONTRACTORS, LLC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

COLEY ELECTRICAL CONTRACTORS, LLC

Borrower Address

67 COUNTY ROAD 663

Borrower City

HANCEVILLE

Borrower State

AL

Borrower Zip

35077-6541

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

42500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328816

Servicing Lender Name

Traditions Bank

Servicing Lender Address

109 2nd Ave NW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-3426

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HANCEVILLE

Project County Name

CULLMAN

Project State

AL

Project Zip

35077-6541

CD

AL-04

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42500.00

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

328816

Originating Lender

Traditions Bank

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

42734.93

Forgiveness Date

11/02/2020

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