PPP Loan information for Greer electric, inc

$458,500

Greer electric, inc was initially approved for PPP Loan of amount $462,500, the current approved amount is $458,500. The loan was approved on 04/04/2020 by The Farmers and Merchants Bank reported 25 jobs and $458,500 was used to fund payroll.

Greer electric, inc is Existing or more than 2 years old

PPP Loan Search / MS / DUMAS / Greer electric, inc

GREER ELECTRIC, INC

Date Approved

04/04/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

GREER ELECTRIC, INC

Borrower Address

1190A CR 628

Borrower City

DUMAS

Borrower State

MS

Borrower Zip

38625

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

462500.00

Current Approval Amount

458500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39079

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

111 W Clayton St

Servicing Lender City

BALDWYN

Servicing Lender State

MS

Servicing Lender Zip

38824-1804

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DUMAS

Project County Name

TIPPAH

Project State

MS

Project Zip

38625-0400

CD

MS-01

Jobs Reported

25

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

45850.00

Payroll Proceed

366800.00

Mortgage Interest Proceed

45850.00

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

39079

Originating Lender

Farmers and Merchants Bank

Originating Lender City

BALDWYN

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

461289.21

Forgiveness Date

11/19/2020

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