PPP Loan information for Ultimate electric llc

$23,583

Ultimate electric llc was initially approved for PPP Loan of amount $23,583, the current approved amount is $23,583. The loan was approved on 08/08/2020 by The 1st Choice CU reported 1 jobs and $23,583 was used to fund payroll.

Ultimate electric llc is New Business or 2 years or less

ULTIMATE ELECTRIC LLC

Date Approved

08/08/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ULTIMATE ELECTRIC LLC

Borrower Address

1231 Old Greystone Drive

Borrower City

Lithonia

Borrower State

GA

Borrower Zip

30058

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

23582.50

Current Approval Amount

23582.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

95038

Servicing Lender Name

1st Choice CU

Servicing Lender Address

315 Auburn Ave

Servicing Lender City

ATLANTA

Servicing Lender State

GA

Servicing Lender Zip

30303-2603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Lithonia

Project County Name

DEKALB

Project State

GA

Project Zip

30058-0001

CD

GA-04

Jobs Reported

1

NAICS Code

238210

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

23582.50

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

95038

Originating Lender

1st Choice CU

Originating Lender City

ATLANTA

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

23825.53

Forgiveness Date

08/25/2021

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