Shoals Electric Company, Inc.
$1,398,600 PPP Loan in Muscle Shoals, Alabama
Loan Details
- Loan Number
- 9571287002
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,398,600
- Current Approval
- $1,398,600
- Forgiveness Amount
- $1,408,313
- Forgiveness Date
- Dec 22, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Shoals Electric Company, Inc.
- Address
- 704 Davison Ave
- City
- Muscle Shoals
- State
- Alabama
- ZIP Code
- 35661-2318
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 202
- Estimated Revenue
- $66.5M
- Rural/Urban
- Rural
- Congressional District
- AL-04
Loan Use Breakdown
- Payroll
- $1,048,950
- Utilities
- $139,860
- Mortgage Interest
- $209,790
Lender Information
- Servicing Lender
- First Metro Bank
- Originating Lender
- First Metro Bank
Other PPP Loans in Muscle Shoals, AL
| Business | Approved | |
|---|---|---|
| Dynamic Security INC | $8,564,696 |  Research |
| Johnson Contractors, Inc. | $6,467,500 | Research |
| Long Lewis Ford of the Shoals INC | $2,629,719 | Research |
| Whitesell Corporation | $2,261,700 | Research |
| Whitesell Corporation | $2,000,000 | Research |
Want to research this company further?
Try NewBizBot free