PPP Loan information for Bright future electric llc

$4,529,073

Bright future electric llc was initially approved for PPP Loan of amount $4,529,073, the current approved amount is $4,529,073. The loan was approved on 04/12/2020 by The Bryant Bank reported 439 jobs and $4,529,073 was used to fund payroll.

Bright future electric llc is Existing or more than 2 years old

PPP Loan Search / AL / BIRMINGHAM / Bright future electric llc

BRIGHT FUTURE ELECTRIC LLC

Date Approved

04/12/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BRIGHT FUTURE ELECTRIC LLC

Borrower Address

3420 RICHARD ARRINGTON JR BLVD N

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35234-2306

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4529072.87

Current Approval Amount

4529072.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434580

Servicing Lender Name

Bryant Bank

Servicing Lender Address

1550 McFarland Blvd North

Servicing Lender City

TUSCALOOSA

Servicing Lender State

AL

Servicing Lender Zip

35406-2211

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35234-2306

CD

AL-07

Jobs Reported

439

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4529072.87

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

434580

Originating Lender

Bryant Bank

Originating Lender City

TUSCALOOSA

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4582163.67

Forgiveness Date

06/11/2021

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