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B Electric, Inc.

$330,444 PPP Loan in Florence, Alabama

Loan Details

Loan Number
9456657109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$330,444
Current Approval
$330,444
Forgiveness Amount
$332,647
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
B Electric, Inc.
Address
6644 Highway 17
City
Florence
State
Alabama
ZIP Code
35634-5734
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$9.2M
Rural/Urban
Rural
Congressional District
AL-05

Loan Use Breakdown

Payroll
$319,244
Rent
$10,000
Utilities
$1,200

Lender Information

Servicing Lender
Cb&s Bank
Originating Lender
Cb&s Bank

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