PPP Loan information for Stewart electric co inc

$554,000

Stewart electric co inc was initially approved for PPP Loan of amount $554,000, the current approved amount is $554,000. The loan was approved on 04/05/2020 by The ServisFirst Bank reported 75 jobs and $554,000 was used to fund payroll.

Stewart electric co inc is Existing or more than 2 years old

PPP Loan Search / AL / HUNTSVILLE / Stewart electric co inc

STEWART ELECTRIC CO INC

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

STEWART ELECTRIC CO INC

Borrower Address

1009 A CLEANER WAY

Borrower City

HUNTSVILLE

Borrower State

AL

Borrower Zip

35805-6713

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

554000.00

Current Approval Amount

554000.00

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

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

35805-6713

CD

AL-05

Jobs Reported

75

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

554000.00

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

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

557878.00

Forgiveness Date

12/23/2020

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