PPP Loan information for Industrial controls electric inc

$72,124

Industrial controls electric inc was initially approved for PPP Loan of amount $72,124, the current approved amount is $72,124. The loan was approved on 04/27/2020 by The Peoples Bank & Trust reported 8 jobs and $72,124 was used to fund payroll.

Industrial controls electric inc is Existing or more than 2 years old

PPP Loan Search / GA / BUFORD / Industrial controls electric inc

INDUSTRIAL CONTROLS ELECTRIC INC

Date Approved

04/27/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

INDUSTRIAL CONTROLS ELECTRIC INC

Borrower Address

4992 B U BOWMAN DR STE 103

Borrower City

BUFORD

Borrower State

GA

Borrower Zip

30518-5874

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72124.00

Current Approval Amount

72124.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19159

Servicing Lender Name

Peoples Bank & Trust

Servicing Lender Address

1899 Buford Hwy

Servicing Lender City

BUFORD

Servicing Lender State

GA

Servicing Lender Zip

30518-6091

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUFORD

Project County Name

HALL

Project State

GA

Project Zip

30518-5874

CD

GA-09

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

500.00

Payroll Proceed

70224.00

Mortgage Interest Proceed

0.00

Rent Proceed

1400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

19159

Originating Lender

Peoples Bank & Trust

Originating Lender City

BUFORD

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72684.96

Forgiveness Date

02/09/2021

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