Smoot Electric Company, LLC

$170,500 PPP Loan in Daphne, Alabama

Loan Details

Loan Number
6843397110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$170,500
Current Approval
$170,500
Forgiveness Amount
$172,849
Forgiveness Date
Sep 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Smoot Electric Company, LLC
Address
25421 Alabama 181 104
City
Daphne
State
Alabama
ZIP Code
36526
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$10.2M
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$170,500

Lender Information

Servicing Lender
Southstate Bank, National Association
Originating Lender
Southstate Bank, National Association

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