PPP Loan information for Adams electric llc

$20,833

Adams electric llc was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 01/29/2021 by The Loan Source Incorporated reported 1 jobs and $20,833 was used to fund payroll.

Adams electric llc is Existing or more than 2 years old

ADAMS ELECTRIC LLC

Date Approved

01/29/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

ADAMS ELECTRIC LLC

Borrower Address

97 County Road 8124

Borrower City

Laurel

Borrower State

MS

Borrower Zip

39443-8393

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Laurel

Project County Name

JASPER

Project State

MS

Project Zip

39443-8393

CD

MS-04

Jobs Reported

1

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20831.00

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

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

20991.10

Forgiveness Date

11/10/2021

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