BUTLER ELECTRICAL CONTRACTORS, LLC (AL) - 2020 PPP Loan Borrower Profile (# 2208567105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BUTLER ELECTRICAL CONTRACTORS, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Alabama.

Loan Detail

Loan Number

2208567105

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$219,500

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$222,134

Date Loan was Forgiven

Jun 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

25,000

Payroll Proced

165,000

Mortgage Interest Proceed

29,500

Lender

Peoples Bank of Alabama

Business Detail

Business Type

Sole Proprietorship

NAICS

238210

Borrower Location

RAINBOW CITY, AL

Project Location

RAINBOW CITY, AL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.