PPP Loan information for Reliable electric inc

$23,750

Reliable electric inc was initially approved for PPP Loan of amount $23,750, the current approved amount is $23,750. The loan was approved on 04/10/2020 by The Builtwell Bank reported 4 jobs and $23,750 was used to fund payroll.

Reliable electric inc is Existing or more than 2 years old

PPP Loan Search / TN / Soddy Daisy / Reliable electric inc

RELIABLE ELECTRIC INC

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

RELIABLE ELECTRIC INC

Borrower Address

394 Ashley Drive

Borrower City

Soddy Daisy

Borrower State

TN

Borrower Zip

37379-4163

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23750.00

Current Approval Amount

23750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67085

Servicing Lender Name

Builtwell Bank

Servicing Lender Address

728 Broad St

Servicing Lender City

CHATTANOOGA

Servicing Lender State

TN

Servicing Lender Zip

37402-1801

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Soddy Daisy

Project County Name

HAMILTON

Project State

TN

Project Zip

37379-4163

CD

TN-03

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

23750.00

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

Subchapter S Corporation

Originating Lender Location Id

67085

Originating Lender

Builtwell Bank

Originating Lender City

CHATTANOOGA

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

23895.14

Forgiveness Date

11/23/2020

;