PPP Loan information for Green electric

$161,700

Green electric was initially approved for PPP Loan of amount $161,700, the current approved amount is $161,700. The loan was approved on 04/06/2020 by The The First Bank reported 22 jobs and $161,700 was used to fund payroll.

Green electric is Existing or more than 2 years old

GREEN ELECTRIC

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GREEN ELECTRIC

Borrower Address

9091 HARD DR

Borrower City

FOLEY

Borrower State

AL

Borrower Zip

36535-3767

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

161700.00

Current Approval Amount

161700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOLEY

Project County Name

BALDWIN

Project State

AL

Project Zip

36535-3767

CD

AL-01

Jobs Reported

22

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1717.02

Payroll Proceed

153440.81

Mortgage Interest Proceed

727.46

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5122.71

Debt Interest Proceed

692

Business Type

Sole Proprietorship

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

162962.16

Forgiveness Date

01/25/2021

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