PPP Loan information for Georgia electric associates, inc

$422,000

Georgia electric associates, inc was initially approved for PPP Loan of amount $422,000, the current approved amount is $422,000. The loan was approved on 04/06/2020 by The AB&T reported 44 jobs and $422,000 was used to fund payroll.

Georgia electric associates, inc is Existing or more than 2 years old

GEORGIA ELECTRIC ASSOCIATES, INC

Date Approved

04/06/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

GEORGIA ELECTRIC ASSOCIATES, INC

Borrower Address

130 VETERINARY WAY UNIT 1

Borrower City

LEESBURG

Borrower State

GA

Borrower Zip

31763-5667

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

422000.00

Current Approval Amount

422000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123991

Servicing Lender Name

AB&T

Servicing Lender Address

2815 Meredyth Dr

Servicing Lender City

ALBANY

Servicing Lender State

GA

Servicing Lender Zip

31708-1269

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEESBURG

Project County Name

LEE

Project State

GA

Project Zip

31763-5667

CD

GA-02

Jobs Reported

44

NAICS Code

221118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

422000.00

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

123991

Originating Lender

AB&T

Originating Lender City

ALBANY

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

425446.33

Forgiveness Date

02/01/2021

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