Allied Electric

$284,235 PPP Loan in Huntsville, Alabama

Loan Details

Loan Number
7338767009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$284,235
Current Approval
$284,235
Forgiveness Amount
$285,814
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Allied Electric
Address
4830 Commercial Dr
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
35
Estimated Revenue
$11.5M
Rural/Urban
Urban
Congressional District
AL-05

Loan Use Breakdown

Payroll
$284,235

Lender Information

Servicing Lender
Merit Bank
Originating Lender
Merit Bank

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