PPP Loan information for Mount electric inc

$51,885

Mount electric inc was initially approved for PPP Loan of amount $51,885, the current approved amount is $51,885. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 5 jobs and $51,885 was used to fund payroll.

Mount electric inc is New Business or 2 years or less

MOUNT ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MOUNT ELECTRIC INC

Borrower Address

257 ACADIAN WAY

Borrower City

STOCKBRIDGE

Borrower State

GA

Borrower Zip

30281-6067

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51885.00

Current Approval Amount

51885.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

STOCKBRIDGE

Project County Name

HENRY

Project State

GA

Project Zip

30281-6067

CD

GA-13

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51885.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52224.74

Forgiveness Date

12/30/2020

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