ALT ELECTRICAL CONTRACTORS, INC. (NC) - 2020 PPP Loan Borrower Profile (# 3208488204)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALT ELECTRICAL CONTRACTORS, INC.. 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 North Carolina.

Loan Detail

Loan Number

3208488204

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$19,293

Date Loan was Approved

Aug 4, 2020

Amount Forgiven

$19,390

Date Loan was Forgiven

Feb 3, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

19,293

Lender

Nantahala Bank & Trust Company

Business Detail

Business Type

Corporation

NAICS

238210

Borrower Location

FRANKLIN, NC

Project Location

FRANKLIN, NC

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.