PPP Loan information for Nabco electric company inc.

$2,138,992

Nabco electric company inc. was initially approved for PPP Loan of amount $2,138,992, the current approved amount is $2,138,992. The loan was approved on 04/16/2020 by The FirstBank reported 143 jobs and $2,138,992 was used to fund payroll.

Nabco electric company inc. is Existing or more than 2 years old

PPP Loan Search / TN / Chattanooga / Nabco electric company inc.

NABCO ELECTRIC COMPANY INC.

Date Approved

04/16/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

NABCO ELECTRIC COMPANY INC.

Borrower Address

2800 2nd Avenue

Borrower City

Chattanooga

Borrower State

TN

Borrower Zip

37407-1001

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2138992.00

Current Approval Amount

2138992.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68822

Servicing Lender Name

FirstBank

Servicing Lender Address

211 Commerce St, Ste 300

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-1810

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chattanooga

Project County Name

HAMILTON

Project State

TN

Project Zip

37407-1000

CD

TN-03

Jobs Reported

143

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2138992.00

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

68822

Originating Lender

FirstBank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2163471.58

Forgiveness Date

06/09/2021

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