PPP Loan information for Gravitt electric inc

$73,300

Gravitt electric inc was initially approved for PPP Loan of amount $73,300, the current approved amount is $73,300. The loan was approved on 04/29/2020 by The First American Bank & Trust Company reported 5 jobs and $73,300 was used to fund payroll.

Gravitt electric inc is Existing or more than 2 years old

GRAVITT ELECTRIC INC

Date Approved

04/29/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

GRAVITT ELECTRIC INC

Borrower Address

3041 VENABLE LN

Borrower City

DACULA

Borrower State

GA

Borrower Zip

30019-1459

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73300.00

Current Approval Amount

73300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17831

Servicing Lender Name

First American Bank & Trust Company

Servicing Lender Address

300 College Ave

Servicing Lender City

ATHENS

Servicing Lender State

GA

Servicing Lender Zip

30601-2716

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DACULA

Project County Name

GWINNETT

Project State

GA

Project Zip

30019-1459

CD

GA-07

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

73300.00

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

17831

Originating Lender

First American Bank & Trust Company

Originating Lender City

ATHENS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

73703.65

Forgiveness Date

11/19/2020

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