PPP Loan information for Electrical technologies, inc.

$447,800

Electrical technologies, inc. was initially approved for PPP Loan of amount $447,800, the current approved amount is $447,800. The loan was approved on 04/09/2020 by The First Horizon Bank reported 40 jobs and $447,800 was used to fund payroll.

Electrical technologies, inc. is Existing or more than 2 years old

PPP Loan Search / NC / BURLINGTON / Electrical technologies, inc.

ELECTRICAL TECHNOLOGIES, INC.

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ELECTRICAL TECHNOLOGIES, INC.

Borrower Address

PO BOX 5127

Borrower City

BURLINGTON

Borrower State

NC

Borrower Zip

27216

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

447800.00

Current Approval Amount

447800.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

ALAMANCE

Project State

NC

Project Zip

27216-0001

CD

NC-04

Jobs Reported

40

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

447800.00

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

453820.42

Forgiveness Date

08/19/2021

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