PPP Loan information for A-lectric service company

$66,700

A-lectric service company was initially approved for PPP Loan of amount $66,700, the current approved amount is $66,700. The loan was approved on 06/05/2020 by The Community Bank of Mississippi reported 12 jobs and $66,700 was used to fund payroll.

A-lectric service company is Existing or more than 2 years old

PPP Loan Search / MS / MERIDIAN / A-lectric service company

A-LECTRIC SERVICE COMPANY

Date Approved

06/05/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

A-LECTRIC SERVICE COMPANY

Borrower Address

16 S 26TH AVE

Borrower City

MERIDIAN

Borrower State

MS

Borrower Zip

39301-5857

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66700.00

Current Approval Amount

66700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MERIDIAN

Project County Name

LAUDERDALE

Project State

MS

Project Zip

39301-5857

CD

MS-03

Jobs Reported

12

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5400.00

Payroll Proceed

61300.00

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

Sole Proprietorship

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

67038.07

Forgiveness Date

12/14/2020

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