PPP Loan information for Pro electric inc.

$338,100

Pro electric inc. was initially approved for PPP Loan of amount $338,100, the current approved amount is $338,100. The loan was approved on 04/16/2020 by The Regions Bank reported 28 jobs and $338,100 was used to fund payroll.

Pro electric inc. is Existing or more than 2 years old

PPP Loan Search / AL / Huntsville / Pro electric inc.

PRO ELECTRIC INC.

Date Approved

04/16/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PRO ELECTRIC INC.

Borrower Address

2012 Poole Dr,

Borrower City

Huntsville

Borrower State

AL

Borrower Zip

35810-3899

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

338100.00

Current Approval Amount

338100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Huntsville

Project County Name

MADISON

Project State

AL

Project Zip

35810-3899

CD

AL-05

Jobs Reported

28

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

338100.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

340860.38

Forgiveness Date

03/01/2021

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