PPP Loan information for Atlantic coast electric supply, llc

$680,100

Atlantic coast electric supply, llc was initially approved for PPP Loan of amount $680,100, the current approved amount is $680,100. The loan was approved on 04/07/2020 by The Chesapeake Bank reported 52 jobs and $680,100 was used to fund payroll.

Atlantic coast electric supply, llc is Existing or more than 2 years old

PPP Loan Search / SC / NORTH CHARLESTON / Atlantic coast electric supply, llc

ATLANTIC COAST ELECTRIC SUPPLY, LLC

Date Approved

04/07/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

ATLANTIC COAST ELECTRIC SUPPLY, LLC

Borrower Address

6470 DORCHESTER RD

Borrower City

NORTH CHARLESTON

Borrower State

SC

Borrower Zip

29418-5102

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

680100.00

Current Approval Amount

680100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73496

Servicing Lender Name

Chesapeake Bank

Servicing Lender Address

97 N Main St

Servicing Lender City

KILMARNOCK

Servicing Lender State

VA

Servicing Lender Zip

22482-8501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH CHARLESTON

Project County Name

CHARLESTON

Project State

SC

Project Zip

29418-5102

CD

SC-06

Jobs Reported

52

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7600.00

Payroll Proceed

520000.00

Mortgage Interest Proceed

0.00

Rent Proceed

95000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

17500

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

73496

Originating Lender

Chesapeake Bank

Originating Lender City

KILMARNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

685503.02

Forgiveness Date

01/20/2021

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