PPP Loan information for A & b electric co. inc.

$1,245,840

A & b electric co. inc. was initially approved for PPP Loan of amount $1,245,840, the current approved amount is $1,245,840. The loan was approved on 03/26/2021 by The Great Southern Bank reported 70 jobs and $1,245,840 was used to fund payroll.

A & b electric co. inc. is Existing or more than 2 years old

PPP Loan Search / MS / Meridian / A & b electric co. inc.

A & B ELECTRIC CO. INC.

Date Approved

03/26/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

A & B ELECTRIC CO. INC.

Borrower Address

1020 D St

Borrower City

Meridian

Borrower State

MS

Borrower Zip

39301-5441

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1245840.00

Current Approval Amount

1245840.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39708

Servicing Lender Name

Great Southern Bank

Servicing Lender Address

218 22nd Ave South

Servicing Lender City

MERIDIAN

Servicing Lender State

MS

Servicing Lender Zip

39301-5946

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Meridian

Project County Name

LAUDERDALE

Project State

MS

Project Zip

39301-5441

CD

MS-03

Jobs Reported

70

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1245835.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39708

Originating Lender

Great Southern Bank

Originating Lender City

MERIDIAN

Originating Lender State

MS

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1255363.00

Forgiveness Date

01/06/2022

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