Industrial Electric of Alabama INC
$110,000 PPP Loan in Montevallo, Alabama
Loan Details
- Loan Number
- 2276037101
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $110,000
- Current Approval
- $110,000
- Forgiveness Amount
- $110,614
- Forgiveness Date
- Nov 5, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Industrial Electric of Alabama INC
- Address
- 3820 Highway 25
- City
- Montevallo
- State
- Alabama
- ZIP Code
- 35115-4177
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 10
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- AL-06
Loan Use Breakdown
- Payroll
- $99,189
- Rent
- $6,000
- Utilities
- $4,811
Lender Information
- Servicing Lender
- River Bank & Trust
- Originating Lender
- River Bank & Trust
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| Central Industrial Supply | $561,764 |  Research |
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