Sbs Electrical Supply Co., Inc.

$130,000 PPP Loan in Florence, Alabama

Loan Details

Loan Number
7229757007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$130,000
Current Approval
$130,000
Forgiveness Amount
$131,094
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sbs Electrical Supply Co., Inc.
Address
625 Cherry St
State
Alabama
ZIP Code
35630-5727
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-05

Loan Use Breakdown

Payroll
$97,500
Utilities
$13,000
Mortgage Interest
$19,500

Lender Information

Servicing Lender
First Metro Bank
Originating Lender
First Metro Bank

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