PPP Loan information for Cooper electrical controls, inc.

$559,700

Cooper electrical controls, inc. was initially approved for PPP Loan of amount $559,700, the current approved amount is $559,700. The loan was approved on 04/03/2020 by The BNA Bank reported 36 jobs and $559,700 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

04/03/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

COOPER ELECTRICAL CONTROLS, INC.

Borrower Address

SAM T BARKLEY DR

Borrower City

NEW ALBANY

Borrower State

MS

Borrower Zip

38652-9506

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

559700.00

Current Approval Amount

559700.00

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

N

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

38652-9506

CD

MS-01

Jobs Reported

36

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

50300.00

Payroll Proceed

464600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

44800.00

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

564361.61

Forgiveness Date

02/09/2021

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