PPP Loan information for Sti electronics inc

$972,830

Sti electronics inc was initially approved for PPP Loan of amount $972,830, the current approved amount is $972,830. The loan was approved on 02/06/2021 by The First Horizon Bank reported 56 jobs and $972,830 was used to fund payroll.

Sti electronics inc is Existing or more than 2 years old

PPP Loan Search / AL / Madison / Sti electronics inc

STI ELECTRONICS INC

Date Approved

02/06/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

STI ELECTRONICS INC

Borrower Address

261 Palmer Rd

Borrower City

Madison

Borrower State

AL

Borrower Zip

35758-1727

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

972830.00

Current Approval Amount

972830.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Madison

Project County Name

MADISON

Project State

AL

Project Zip

35758-1727

CD

AL-05

Jobs Reported

56

NAICS Code

334418

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

972827.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

981585.47

Forgiveness Date

01/11/2022

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