PPP Loan information for Sbs electric supply company inc.

$129,730

Sbs electric supply company inc. was initially approved for PPP Loan of amount $129,730, the current approved amount is $129,730. The loan was approved on 01/20/2021 by The First Metro Bank reported 13 jobs and $129,730 was used to fund payroll.

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

PPP Loan Search / AL / Florence / Sbs electric supply company inc.

SBS ELECTRIC SUPPLY COMPANY INC.

Date Approved

01/20/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SBS ELECTRIC SUPPLY COMPANY INC.

Borrower Address

625 S Cherry St

Borrower City

Florence

Borrower State

AL

Borrower Zip

35630-5727

Loan Status Date

05/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

129729.75

Current Approval Amount

129729.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112619

Servicing Lender Name

First Metro Bank

Servicing Lender Address

406 W Avalon Ave

Servicing Lender City

MUSCLE SHOALS

Servicing Lender State

AL

Servicing Lender Zip

35661-2808

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Florence

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35630-5727

CD

AL-05

Jobs Reported

13

NAICS Code

423610

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

129728.75

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

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

131160.38

Forgiveness Date

03/03/2022

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