PPP Loan information for Associate electric, inc.

$69,443

Associate electric, inc. was initially approved for PPP Loan of amount $69,443, the current approved amount is $69,443. The loan was approved on 04/10/2020 by The The Citizens National Bank of Meridian reported 13 jobs and $69,443 was used to fund payroll.

Associate electric, inc. is Existing or more than 2 years old

ASSOCIATE ELECTRIC, INC.

Date Approved

04/10/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

ASSOCIATE ELECTRIC, INC.

Borrower Address

1222 W 6TH ST

Borrower City

LAUREL

Borrower State

MS

Borrower Zip

39440-3817

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69442.50

Current Approval Amount

69442.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39604

Servicing Lender Name

The Citizens National Bank of Meridian

Servicing Lender Address

512 22nd Ave

Servicing Lender City

MERIDIAN

Servicing Lender State

MS

Servicing Lender Zip

39301-5853

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAUREL

Project County Name

JONES

Project State

MS

Project Zip

39440-3817

CD

MS-04

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13888.50

Payroll Proceed

55554.00

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

39604

Originating Lender

The Citizens National Bank of Meridian

Originating Lender City

MERIDIAN

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

69890.02

Forgiveness Date

12/02/2020

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