PPP Loan information for Electrical specialist inc

$119,910

Electrical specialist inc was initially approved for PPP Loan of amount $119,910, the current approved amount is $119,910. The loan was approved on 04/15/2020 by The Farmers and Merchants Bank of South Carolina reported 13 jobs and $119,910 was used to fund payroll.

Electrical specialist inc is Existing or more than 2 years old

ELECTRICAL SPECIALIST INC

Date Approved

04/15/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

ELECTRICAL SPECIALIST INC

Borrower Address

806 A BECKHAM LN

Borrower City

SUMMERVILLE

Borrower State

SC

Borrower Zip

29486-1001

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119910.00

Current Approval Amount

119910.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66139

Servicing Lender Name

Farmers and Merchants Bank of South Carolina

Servicing Lender Address

8624 Old State Rd

Servicing Lender City

HOLLY HILL

Servicing Lender State

SC

Servicing Lender Zip

29059-8230

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUMMERVILLE

Project County Name

BERKELEY

Project State

SC

Project Zip

29486-1001

CD

SC-01

Jobs Reported

13

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

119910.00

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

Subchapter S Corporation

Originating Lender Location Id

66139

Originating Lender

Farmers and Merchants Bank of South Carolina

Originating Lender City

HOLLY HILL

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

121519.75

Forgiveness Date

08/26/2021

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