PPP Loan information for Cooper electrical controls inc

$559,927

Cooper electrical controls inc was initially approved for PPP Loan of amount $559,927, the current approved amount is $559,927. The loan was approved on 02/04/2021 by The BNA Bank reported 36 jobs and $559,927 was used to fund payroll.

Cooper electrical controls inc is Existing or more than 2 years old

PPP Loan Search / MS / New Albany / Cooper electrical controls inc

COOPER ELECTRICAL CONTROLS INC

Date Approved

02/04/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

COOPER ELECTRICAL CONTROLS INC

Borrower Address

928 Sam T Barkley Dr

Borrower City

New Albany

Borrower State

MS

Borrower Zip

38652-9508

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

559927.30

Current Approval Amount

559927.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39647

Servicing Lender Name

BNA Bank

Servicing Lender Address

133 E Bankhead St

Servicing Lender City

NEW ALBANY

Servicing Lender State

MS

Servicing Lender Zip

38652-3933

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Albany

Project County Name

UNION

Project State

MS

Project Zip

38652-9508

CD

MS-01

Jobs Reported

36

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

559926.30

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

39647

Originating Lender

BNA Bank

Originating Lender City

NEW ALBANY

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

563900.48

Forgiveness Date

10/25/2021

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