PPP Loan information for Phillips electrical company inc

$62,600

Phillips electrical company inc was initially approved for PPP Loan of amount $62,600, the current approved amount is $62,600. The loan was approved on 04/14/2020 by The South Atlantic Bank reported 7 jobs and $62,600 was used to fund payroll.

Phillips electrical company inc is Existing or more than 2 years old

PHILLIPS ELECTRICAL COMPANY INC

Date Approved

04/14/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

PHILLIPS ELECTRICAL COMPANY INC

Borrower Address

69 FOREMAN HILL RD

Borrower City

BLUFFTON

Borrower State

SC

Borrower Zip

29910-7243

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62600.00

Current Approval Amount

62600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

452235

Servicing Lender Name

South Atlantic Bank

Servicing Lender Address

630 29th Ave N

Servicing Lender City

MYRTLE BEACH

Servicing Lender State

SC

Servicing Lender Zip

29577-3169

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLUFFTON

Project County Name

BEAUFORT

Project State

SC

Project Zip

29910-7243

CD

SC-01

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62600.00

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

452235

Originating Lender

South Atlantic Bank

Originating Lender City

MYRTLE BEACH

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63172.09

Forgiveness Date

03/11/2021

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