PPP Loan information for Southern electrical contractors inc.

$416,995

Southern electrical contractors inc. was initially approved for PPP Loan of amount $416,995, the current approved amount is $416,995. The loan was approved on 02/18/2021 by The ServisFirst Bank reported 32 jobs and $416,995 was used to fund payroll.

Southern electrical contractors inc. is Existing or more than 2 years old

SOUTHERN ELECTRICAL CONTRACTORS INC.

Date Approved

02/18/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SOUTHERN ELECTRICAL CONTRACTORS INC.

Borrower Address

200 Contractors Ln

Borrower City

Sylacauga

Borrower State

AL

Borrower Zip

35150-6129

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

416995.00

Current Approval Amount

416995.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sylacauga

Project County Name

TALLADEGA

Project State

AL

Project Zip

35150-6129

CD

AL-03

Jobs Reported

32

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

416995.00

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

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

420458.38

Forgiveness Date

12/16/2021

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