Butler Electrical Contractors, LLC

$219,500 PPP Loan in Rainbow City, Alabama

Loan Details

Loan Number
2208567105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$219,500
Current Approval
$219,500
Forgiveness Amount
$222,134
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Butler Electrical Contractors, LLC
Address
3518 Montrose Ave
State
Alabama
ZIP Code
35906-3305
Business Type
Sole Proprietorship
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$10.9M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$165,000
Utilities
$25,000
Mortgage Interest
$29,500

Lender Information

Servicing Lender
Peoples Bank of Alabama
Originating Lender
Peoples Bank of Alabama

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