PPP Loan information for Burton electric co., inc.

$20,000

Burton electric co., inc. was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 01/15/2021 by The Planters Bank & Trust Company reported 3 jobs and $20,000 was used to fund payroll.

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

PPP Loan Search / MS / Clarksdale / Burton electric co., inc.

BURTON ELECTRIC CO., INC.

Date Approved

01/15/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

BURTON ELECTRIC CO., INC.

Borrower Address

3619 Highway 322 Sherard Rd

Borrower City

Clarksdale

Borrower State

MS

Borrower Zip

38614-9417

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39763

Servicing Lender Name

Planters Bank & Trust Company

Servicing Lender Address

212 Catchings Ave

Servicing Lender City

INDIANOLA

Servicing Lender State

MS

Servicing Lender Zip

38751-2408

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clarksdale

Project County Name

COAHOMA

Project State

MS

Project Zip

38614-9417

CD

MS-02

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20000.00

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

Subchapter S Corporation

Originating Lender Location Id

39763

Originating Lender

Planters Bank & Trust Company

Originating Lender City

INDIANOLA

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

20095.89

Forgiveness Date

07/14/2021

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