Allco Electric, Inc.

$440,000 PPP Loan in La Grange, North Carolina

Loan Details

Loan Number
6062287109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$440,000
Current Approval
$440,000
Forgiveness Amount
$443,068
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Allco Electric, Inc.
Address
5790 Aldridge Store Rd
ZIP Code
28551
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
$18.4M
Rural/Urban
Rural
Congressional District
NC-03

Loan Use Breakdown

Payroll
$440,000

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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