PPP Loan information for Sandy springs electric, inc

$260,000

Sandy springs electric, inc was initially approved for PPP Loan of amount $260,000, the current approved amount is $260,000. The loan was approved on 04/09/2020 by The United Community Bank reported 33 jobs and $260,000 was used to fund payroll.

Sandy springs electric, inc is Existing or more than 2 years old

PPP Loan Search / SC / LAURENS / Sandy springs electric, inc

SANDY SPRINGS ELECTRIC, INC

Date Approved

04/09/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

SANDY SPRINGS ELECTRIC, INC

Borrower Address

8244 Highway 308

Borrower City

LAURENS

Borrower State

SC

Borrower Zip

29360

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260000.00

Current Approval Amount

260000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAURENS

Project County Name

LAURENS

Project State

SC

Project Zip

29360-0001

CD

SC-03

Jobs Reported

33

NAICS Code

811118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

260000.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

261346.30

Forgiveness Date

11/05/2020

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