PPP Loan information for Sdm electric llc

$50,000

Sdm electric llc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/16/2021 by The The Southern Bank Company reported 7 jobs and $50,000 was used to fund payroll.

Sdm electric llc is Existing or more than 2 years old

PPP Loan Search / AL / Gadsden / Sdm electric llc

SDM ELECTRIC LLC

Date Approved

04/16/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SDM ELECTRIC LLC

Borrower Address

224 Ewing Ave

Borrower City

Gadsden

Borrower State

AL

Borrower Zip

35901-2517

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82923

Servicing Lender Name

The Southern Bank Company

Servicing Lender Address

221 S 6th St

Servicing Lender City

GADSDEN

Servicing Lender State

AL

Servicing Lender Zip

35901-4102

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gadsden

Project County Name

ETOWAH

Project State

AL

Project Zip

35901-2517

CD

AL-04

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

49998.00

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

Subchapter S Corporation

Originating Lender Location Id

82923

Originating Lender

The Southern Bank Company

Originating Lender City

GADSDEN

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50276.71

Forgiveness Date

11/09/2021

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