PPP Loan information for University electric inc.

$19,440

University electric inc. was initially approved for PPP Loan of amount $19,440, the current approved amount is $19,440. The loan was approved on 02/08/2021 by The Loan Source Incorporated reported 5 jobs and $19,440 was used to fund payroll.

University electric inc. is Existing or more than 2 years old

PPP Loan Search / AL / Tallassee / University electric inc.

UNIVERSITY ELECTRIC INC.

Date Approved

02/08/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

UNIVERSITY ELECTRIC INC.

Borrower Address

101 Barnett Blvd

Borrower City

Tallassee

Borrower State

AL

Borrower Zip

36078-1540

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19440.00

Current Approval Amount

19440.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tallassee

Project County Name

ELMORE

Project State

AL

Project Zip

36078-1540

CD

AL-02

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

19434.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19592.86

Forgiveness Date

12/01/2021

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