PPP Loan information for Donaldson electric co., inc.

$346,100

Donaldson electric co., inc. was initially approved for PPP Loan of amount $346,100, the current approved amount is $346,100. The loan was approved on 07/23/2020 by The Truist Bank reported 21 jobs and $346,100 was used to fund payroll.

Donaldson electric co., inc. is Existing or more than 2 years old

PPP Loan Search / GA / JONESBORO / Donaldson electric co., inc.

DONALDSON ELECTRIC CO., INC.

Date Approved

07/23/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

DONALDSON ELECTRIC CO., INC.

Borrower Address

9625 South Main Street, Bldg. C

Borrower City

JONESBORO

Borrower State

GA

Borrower Zip

30236-6078

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

346100.00

Current Approval Amount

346100.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JONESBORO

Project County Name

CLAYTON

Project State

GA

Project Zip

30236-6078

CD

GA-13

Jobs Reported

21

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

346100.00

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

Corporation

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

347820.89

Forgiveness Date

02/01/2021

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