PPP Loan information for Branch electric llc

$177,875

Branch electric llc was initially approved for PPP Loan of amount $177,875, the current approved amount is $177,875. The loan was approved on 04/28/2020 by The Hancock Whitney Bank reported 33 jobs and $177,875 was used to fund payroll.

Branch electric llc is Existing or more than 2 years old

BRANCH ELECTRIC LLC

Date Approved

04/28/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

BRANCH ELECTRIC LLC

Borrower Address

26109 OLD HIGHWAY 49

Borrower City

SAUCIER

Borrower State

MS

Borrower Zip

39574-8111

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177875.00

Current Approval Amount

177875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAUCIER

Project County Name

HARRISON

Project State

MS

Project Zip

39574-8111

CD

MS-04

Jobs Reported

33

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

177875.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

179683.40

Forgiveness Date

05/03/2021

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