PPP Loan information for Electrical specialists inc

$119,910

Electrical specialists inc was initially approved for PPP Loan of amount $119,910, the current approved amount is $119,910. The loan was approved on 02/04/2021 by The Farmers and Merchants Bank of South Carolina reported 12 jobs and $119,910 was used to fund payroll.

Electrical specialists inc is Existing or more than 2 years old

PPP Loan Search / SC / Summerville / Electrical specialists inc

ELECTRICAL SPECIALISTS INC

Date Approved

02/04/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

ELECTRICAL SPECIALISTS INC

Borrower Address

806A Beckham Ln

Borrower City

Summerville

Borrower State

SC

Borrower Zip

29486-1001

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

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

12

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

120849.57

Forgiveness Date

12/01/2021

;