Southern Electrical Contractors, INC
$252,000 PPP Loan in Sylacauga, Alabama
Loan Details
- Loan Number
- 2011907303
- Date Approved
- Apr 29, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $252,000
- Current Approval
- $252,000
- Forgiveness Amount
- $254,632
- Forgiveness Date
- May 21, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Southern Electrical Contractors, INC
- Address
- 200 Contractors Ln
- City
- Sylacauga
- State
- Alabama
- ZIP Code
- 35150-6129
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 10
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- AL-03
Loan Use Breakdown
- Payroll
- $250,000
- Utilities
- $1,000
- Mortgage Interest
- $1,000
Lender Information
- Servicing Lender
- Cadence Bank
- Originating Lender
- Cadence Bank
Other PPP Loans in Sylacauga, AL
| Business | Approved | |
|---|---|---|
| The Sylacauga Health Care Authority | $4,032,400 |  AI Deep Dive |
| Pursell Family Corporation | $1,596,462 | AI Deep Dive |
| Pursell Family Corporation | $1,140,330 | AI Deep Dive |
| Heritage Freight | $1,124,300 | AI Deep Dive |
| Southern Alloy Corporation | $686,000 | AI Deep Dive |
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