PPP Loan information for Tim rhodes electric co inc.

$421,060

Tim rhodes electric co inc. was initially approved for PPP Loan of amount $421,060, the current approved amount is $421,060. The loan was approved on 01/21/2021 by The United Community Bank reported 36 jobs and $421,060 was used to fund payroll.

Tim rhodes electric co inc. is Existing or more than 2 years old

PPP Loan Search / AL / Florence / Tim rhodes electric co inc.

TIM RHODES ELECTRIC CO INC.

Date Approved

01/21/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

TIM RHODES ELECTRIC CO INC.

Borrower Address

3311 County Road 47

Borrower City

Florence

Borrower State

AL

Borrower Zip

35630-8933

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

421060.00

Current Approval Amount

421060.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Florence

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35630-8933

CD

AL-05

Jobs Reported

36

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

421057.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

422650.67

Forgiveness Date

06/15/2021

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