PPP Loan information for Precision electrical contractors inc

$459,500

Precision electrical contractors inc was initially approved for PPP Loan of amount $459,500, the current approved amount is $459,500. The loan was approved on 04/10/2020 by The Truist Bank reported 26 jobs and $459,500 was used to fund payroll.

Precision electrical contractors inc is Existing or more than 2 years old

PRECISION ELECTRICAL CONTRACTORS INC

Date Approved

04/10/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

PRECISION ELECTRICAL CONTRACTORS INC

Borrower Address

6331 OAK RIDGE COMMERCE WAY

Borrower City

AUSTELL

Borrower State

GA

Borrower Zip

30168-5896

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

459500.00

Current Approval Amount

459500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AUSTELL

Project County Name

COBB

Project State

GA

Project Zip

30168-5896

CD

GA-13

Jobs Reported

26

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

459500.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

464516.21

Forgiveness Date

05/20/2021

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