PPP Loan information for Big river electric, inc.

$270,200

Big river electric, inc. was initially approved for PPP Loan of amount $270,200, the current approved amount is $270,200. The loan was approved on 04/06/2020 by The Bank Independent reported 32 jobs and $270,200 was used to fund payroll.

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

BIG RIVER ELECTRIC, INC.

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BIG RIVER ELECTRIC, INC.

Borrower Address

5945 HIGHWAY 72

Borrower City

KILLEN

Borrower State

AL

Borrower Zip

35645-8259

Loan Status Date

01/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

270200.00

Current Approval Amount

270200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KILLEN

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35645-8259

CD

AL-05

Jobs Reported

32

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

256673.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6527.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

272001.33

Forgiveness Date

12/08/2020

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