Garnet Electric Company, Inc.
$1,747,900 PPP Loan in Sheffield, Alabama
Loan Details
- Loan Number
- 1561187105
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,747,900
- Current Approval
- $1,747,900
- Forgiveness Amount
- $1,758,824
- Forgiveness Date
- Dec 2, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Garnet Electric Company, Inc.
- Address
- 1615 State St
- City
- Sheffield
- State
- Alabama
- ZIP Code
- 35660-3523
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 100
- Estimated Revenue
- $32.9M
- Rural/Urban
- Rural
- Congressional District
- AL-04
Loan Use Breakdown
- Payroll
- $1,747,900
Lender Information
- Servicing Lender
- Truist Bank
- Originating Lender
- Truist Bank
Other PPP Loans in Sheffield, AL
| Business | Approved | |
|---|---|---|
| Shoals Primary Care | $1,190,700 | |
| Medical Associates of the Shoals, PC | $1,055,624 | |
| Medical Associates of the Shoals P.c. | $1,047,884 | |
| Certified Alarm Co of Alabama, Inc. | $432,961 | |
| Young Welding Supply, Inc. | $431,255 |
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