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
- City
- Rainbow City
- 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
Other PPP Loans in Rainbow City, AL
| Business | Approved | |
|---|---|---|
| Zla Solutions, Inc. | $1,805,000 | |
| Rainbow City Auto Acquisitions | $596,182 | |
| Westbrook Christian School, Inc. | $460,260 | |
| Rainbow Tool and Machine Co., INC | $400,829 | |
| Rainbow Tool and Machine Company Inc. | $400,829 |
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