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Cypress Electric INC

$89,750 PPP Loan in Tuscumbia, Alabama

Loan Details

Loan Number
7504057004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$89,750
Current Approval
$89,750
Forgiveness Amount
$90,293
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Cypress Electric INC
Address
903 Betty Rose Ln
City
Tuscumbia
State
Alabama
ZIP Code
35674-8824
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$71,800
Rent
$7,950
Utilities
$10,000

Lender Information

Servicing Lender
United Community Bank
Originating Lender
United Community Bank

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