Coalmont Electrical Development Corporation

$410,241 PPP Loan in Mccalla, Alabama

Loan Details

Loan Number
9531367705
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$410,241
Current Approval
$410,241
Forgiveness Amount
$412,809
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Coalmont Electrical Development Corporation
Address
22577 Highway 216
State
Alabama
ZIP Code
35111-2705
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$9.2M
Rural/Urban
Urban
Congressional District
AL-07

Loan Use Breakdown

Payroll
$410,241

Lender Information

Servicing Lender
Synovus Bank
Originating Lender
Synovus Bank

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