PPP Loan information for Farmer electrical service co. inc

$154,530

Farmer electrical service co. inc was initially approved for PPP Loan of amount $154,530, the current approved amount is $154,530. The loan was approved on 01/27/2021 by The Concordia Bank & Trust Company reported 15 jobs and $154,530 was used to fund payroll.

Farmer electrical service co. inc is Existing or more than 2 years old

FARMER ELECTRICAL SERVICE CO. INC

Date Approved

01/27/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

FARMER ELECTRICAL SERVICE CO. INC

Borrower Address

57 Southwind Rd

Borrower City

Natchez

Borrower State

MS

Borrower Zip

39120-8724

Loan Status Date

11/18/2022

Loan Status

Charged Off

Term

38

SBA Guaranty Percentage

100

Initial Approval Amount

154530.47

Current Approval Amount

154530.47

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29338

Servicing Lender Name

Concordia Bank & Trust Company

Servicing Lender Address

904 Carter St

Servicing Lender City

VIDALIA

Servicing Lender State

LA

Servicing Lender Zip

71373-3208

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Natchez

Project County Name

ADAMS

Project State

MS

Project Zip

39120-8724

CD

MS-03

Jobs Reported

15

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

154527.47

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

Corporation

Originating Lender Location Id

29338

Originating Lender

Concordia Bank & Trust Company

Originating Lender City

VIDALIA

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

73042.04

Forgiveness Date

07/13/2022

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