PPP Loan information for Dobbs & company electrical contractors, inc

$314,735

Dobbs & company electrical contractors, inc was initially approved for PPP Loan of amount $314,735, the current approved amount is $314,735. The loan was approved on 04/12/2020 by The Bank Independent reported 8 jobs and $314,735 was used to fund payroll.

Dobbs & company electrical contractors, inc is Existing or more than 2 years old

PPP Loan Search / AL / DECATUR / Dobbs & company electrical contractors, inc

DOBBS & COMPANY ELECTRICAL CONTRACTORS, INC

Date Approved

04/12/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

DOBBS & COMPANY ELECTRICAL CONTRACTORS, INC

Borrower Address

1402 4TH AVE SE

Borrower City

DECATUR

Borrower State

AL

Borrower Zip

35601-4204

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

314735.00

Current Approval Amount

314735.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MORGAN

Project State

AL

Project Zip

35601-4204

CD

AL-05

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

275969.00

Mortgage Interest Proceed

0.00

Rent Proceed

19766.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

318188.34

Forgiveness Date

05/21/2021

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