PPP Loan information for Walley electric company inc

$123,308

Walley electric company inc was initially approved for PPP Loan of amount $123,308, the current approved amount is $123,308. The loan was approved on 04/28/2020 by The First Horizon Bank reported 9 jobs and $123,308 was used to fund payroll.

Walley electric company inc is Existing or more than 2 years old

PPP Loan Search / AL / SARALAND / Walley electric company inc

WALLEY ELECTRIC COMPANY INC

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

WALLEY ELECTRIC COMPANY INC

Borrower Address

4240 Fort Kali Oka Road

Borrower City

SARALAND

Borrower State

AL

Borrower Zip

36571

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123308.00

Current Approval Amount

123308.00

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

SARALAND

Project County Name

MOBILE

Project State

AL

Project Zip

36571-0001

CD

AL-01

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

123308.00

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

124869.90

Forgiveness Date

08/26/2021

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