PPP Loan information for Versatech electrical services, inc

$510,500

Versatech electrical services, inc was initially approved for PPP Loan of amount $510,500, the current approved amount is $510,500. The loan was approved on 04/15/2020 by The Cadence Bank reported 26 jobs and $510,500 was used to fund payroll.

Versatech electrical services, inc is Existing or more than 2 years old

PPP Loan Search / GA / MACON / Versatech electrical services, inc

VERSATECH ELECTRICAL SERVICES, INC

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

VERSATECH ELECTRICAL SERVICES, INC

Borrower Address

312 CORPORATE PKWY

Borrower City

MACON

Borrower State

GA

Borrower Zip

31210-1288

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

510500.00

Current Approval Amount

510500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MACON

Project County Name

BIBB

Project State

GA

Project Zip

31210-1288

CD

GA-08

Jobs Reported

26

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

510500.00

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

Sole Proprietorship

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

516796.17

Forgiveness Date

07/27/2021

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