Industrial Drives and Electric INC

$84,797 PPP Loan in Elberton, Georgia

Loan Details

Loan Number
1758797104
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$84,797
Current Approval
$84,797
Forgiveness Amount
$85,257
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Drives and Electric INC
Address
571 Elbert St
State
Georgia
ZIP Code
30635-2346
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333612)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
GA-10

Loan Use Breakdown

Payroll
$84,797

Lender Information

Servicing Lender
The Commercial Bank
Originating Lender
The Commercial Bank

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