On Time Electric INC

$305,796 PPP Loan in Douglasville, Georgia

Loan Details

Loan Number
3905047407
Date Approved
May 8, 2020
Loan Status
Charged Off
Initial Approval
$305,796
Current Approval
$305,796
Forgiveness Amount
$67,201
Forgiveness Date
Feb 2, 2022
Term
2 months
Draw
First Draw

Business Information

Business Name
On Time Electric INC
Address
4630 Central Church Road
State
Georgia
ZIP Code
30135
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
GA-13

Loan Use Breakdown

Payroll
$305,796

Lender Information

Servicing Lender
Wells Fargo Bank, National Association
Originating Lender
Wells Fargo Bank, National Association

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