PPP Loan information for Smith-gray electric co.

$1,070,000

Smith-gray electric co. was initially approved for PPP Loan of amount $1,070,000, the current approved amount is $1,070,000. The loan was approved on 04/15/2020 by The Synovus Bank reported 75 jobs and $1,070,000 was used to fund payroll.

Smith-gray electric co. is Existing or more than 2 years old

SMITH-GRAY ELECTRIC CO.

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SMITH-GRAY ELECTRIC CO.

Borrower Address

1508 CUSSETA RD

Borrower City

COLUMBUS

Borrower State

GA

Borrower Zip

31901-3344

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1070000.00

Current Approval Amount

1070000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COLUMBUS

Project County Name

MUSCOGEE

Project State

GA

Project Zip

31901-3344

CD

GA-02

Jobs Reported

75

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1070000.00

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1078120.27

Forgiveness Date

01/20/2021

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