PPP Loan information for Always affordable electric inc

$82,838

Always affordable electric inc was initially approved for PPP Loan of amount $82,838, the current approved amount is $82,838. The loan was approved on 03/18/2021 by The Customers Bank reported 8 jobs and $82,838 was used to fund payroll.

Always affordable electric inc is Existing or more than 2 years old

ALWAYS AFFORDABLE ELECTRIC INC

Date Approved

03/18/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

ALWAYS AFFORDABLE ELECTRIC INC

Borrower Address

2218 NE 4th St

Borrower City

Cape Coral

Borrower State

FL

Borrower Zip

33909-2882

Loan Status Date

12/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

82838.00

Current Approval Amount

82838.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cape Coral

Project County Name

LEE

Project State

FL

Project Zip

33909-2882

CD

FL-19

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

82838.00

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

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

83425.81

Forgiveness Date

12/06/2021

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