PPP Loan information for Electrical contractor incorporated

$612,917

Electrical contractor incorporated was initially approved for PPP Loan of amount $612,917, the current approved amount is $612,917. The loan was approved on 04/27/2020 by The United Bank reported 68 jobs and $612,917 was used to fund payroll.

Electrical contractor incorporated is Existing or more than 2 years old

ELECTRICAL CONTRACTOR INCORPORATED

Date Approved

04/27/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ELECTRICAL CONTRACTOR INCORPORATED

Borrower Address

8141 Technology Drive Suite D

Borrower City

Covington

Borrower State

GA

Borrower Zip

30014-0974

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

612917.00

Current Approval Amount

612917.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19839

Servicing Lender Name

United Bank

Servicing Lender Address

420 Griffin St

Servicing Lender City

ZEBULON

Servicing Lender State

GA

Servicing Lender Zip

30295-6687

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Covington

Project County Name

NEWTON

Project State

GA

Project Zip

30014-0974

CD

GA-04

Jobs Reported

68

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

45968.77

Payroll Proceed

459687.75

Mortgage Interest Proceed

107260.48

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

19839

Originating Lender

United Bank

Originating Lender City

ZEBULON

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

618535.41

Forgiveness Date

03/31/2021

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