PPP Loan information for Electrical sales corporation

$367,500

Electrical sales corporation was initially approved for PPP Loan of amount $367,500, the current approved amount is $367,500. The loan was approved on 04/07/2020 by The Hancock Whitney Bank reported 19 jobs and $367,500 was used to fund payroll.

Electrical sales corporation is Existing or more than 2 years old

ELECTRICAL SALES CORPORATION

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ELECTRICAL SALES CORPORATION

Borrower Address

2500 L AND A RD

Borrower City

METAIRIE

Borrower State

LA

Borrower Zip

70001-5956

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

367500.00

Current Approval Amount

367500.00

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

METAIRIE

Project County Name

JEFFERSON

Project State

LA

Project Zip

70001-5956

CD

LA-02

Jobs Reported

19

NAICS Code

811213

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4900.00

Payroll Proceed

335000.00

Mortgage Interest Proceed

0.00

Rent Proceed

27600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

371440.42

Forgiveness Date

05/06/2021

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