PPP Loan information for Alexander electric

$25,380

Alexander electric was initially approved for PPP Loan of amount $25,380, the current approved amount is $25,380. The loan was approved on 04/11/2020 by The Southern Independent Bank reported 4 jobs and $25,380 was used to fund payroll.

Alexander electric is Existing or more than 2 years old

PPP Loan Search / AL / ANDALUSIA / Alexander electric

ALEXANDER ELECTRIC

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ALEXANDER ELECTRIC

Borrower Address

20740 BLAKE PRUITT RD

Borrower City

ANDALUSIA

Borrower State

AL

Borrower Zip

36420-8102

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25380.00

Current Approval Amount

25380.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444795

Servicing Lender Name

Southern Independent Bank

Servicing Lender Address

503 N Main St

Servicing Lender City

OPP

Servicing Lender State

AL

Servicing Lender Zip

36467-1629

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANDALUSIA

Project County Name

COVINGTON

Project State

AL

Project Zip

36420-8102

CD

AL-02

Jobs Reported

4

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

25380.00

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

444795

Originating Lender

Southern Independent Bank

Originating Lender City

OPP

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25608.42

Forgiveness Date

03/11/2021

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