PPP Loan information for Nations electric, inc.

$81,500

Nations electric, inc. was initially approved for PPP Loan of amount $81,500, the current approved amount is $81,500. The loan was approved on 04/13/2020 by The American Commerce Bank, National Association reported 9 jobs and $81,500 was used to fund payroll.

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

NATIONS ELECTRIC, INC.

Date Approved

04/13/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

NATIONS ELECTRIC, INC.

Borrower Address

4351 Hwy 5

Borrower City

DOUGLASVILLE

Borrower State

GA

Borrower Zip

30135

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81500.00

Current Approval Amount

81500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

398147

Servicing Lender Name

American Commerce Bank, National Association

Servicing Lender Address

400 US Hwy 27 By-Pass

Servicing Lender City

BREMEN

Servicing Lender State

GA

Servicing Lender Zip

30110-1973

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DOUGLASVILLE

Project County Name

DOUGLAS

Project State

GA

Project Zip

30135-1000

CD

GA-13

Jobs Reported

9

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

81500.00

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

398147

Originating Lender

American Commerce Bank, National Association

Originating Lender City

BREMEN

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

82312.74

Forgiveness Date

04/15/2021

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