Allied Electric Inc.
$302,553 PPP Loan in Huntsville, Alabama
Loan Details
- Loan Number
- 5037158301
- Date Approved
- Jan 23, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $302,553
- Current Approval
- $302,553
- Forgiveness Amount
- $303,806
- Forgiveness Date
- Jul 2, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Allied Electric Inc.
- Address
- 4830 Commercial Dr NW
- City
- Huntsville
- State
- Alabama
- ZIP Code
- 35816-2206
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 26
- Estimated Revenue
- $8.6M
- Rural/Urban
- Urban
- Congressional District
- AL-05
Loan Use Breakdown
- Payroll
- $302,551
- Utilities
- $1
Lender Information
- Servicing Lender
- Merit Bank
- Originating Lender
- Merit Bank
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|---|---|---|
| Yorktown Systems Group INC | $10,000,000 |  AI Deep Dive |
| Hometown Lenders | $6,878,500 | AI Deep Dive |
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| Pinnacle Solutions, Inc. | $6,032,500 | AI Deep Dive |
| Alliance Hr, INC | $5,891,100 | AI Deep Dive |
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