PPP Loan information for Mcdaniel electric, inc.

$139,000

Mcdaniel electric, inc. was initially approved for PPP Loan of amount $139,000, the current approved amount is $139,000. The loan was approved on 04/11/2020 by The River Bank & Trust reported 11 jobs and $139,000 was used to fund payroll.

Mcdaniel electric, inc. is Existing or more than 2 years old

MCDANIEL ELECTRIC, INC.

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MCDANIEL ELECTRIC, INC.

Borrower Address

12 COBB TRACE CT

Borrower City

MILLBROOK

Borrower State

AL

Borrower Zip

36054-3850

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

139000.00

Current Approval Amount

139000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440693

Servicing Lender Name

River Bank & Trust

Servicing Lender Address

2611 Legends Dr

Servicing Lender City

PRATTVILLE

Servicing Lender State

AL

Servicing Lender Zip

36066-7761

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILLBROOK

Project County Name

ELMORE

Project State

AL

Project Zip

36054-3850

CD

AL-02

Jobs Reported

11

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

137000.00

Mortgage Interest Proceed

0.00

Rent Proceed

1000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

126999.46

Forgiveness Date

02/17/2021

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