Richard Electric Company, Inc.
$195,000 PPP Loan in Cullman, Alabama
Loan Details
- Loan Number
- 6572747007
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $195,000
- Current Approval
- $195,000
- Forgiveness Amount
- $196,555
- Forgiveness Date
- Jan 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Richard Electric Company, Inc.
- Address
- Po Box 157
- City
- Cullman
- State
- Alabama
- ZIP Code
- 35056-0157
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 28
- Estimated Revenue
- $8.9M
- Rural/Urban
- Rural
- Congressional District
- AL-04
Loan Use Breakdown
- Payroll
- $195,000
Lender Information
- Servicing Lender
- Southpoint Bank
- Originating Lender
- Merchants Bank of Alabama, a Division of Southpoint Bank
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