PPP Loan information for Gulf electric co., inc. of mobile

$3,471,300

Gulf electric co., inc. of mobile was initially approved for PPP Loan of amount $3,471,300, the current approved amount is $3,471,300. The loan was approved on 04/14/2020 by The Hancock Whitney Bank reported 232 jobs and $3,471,300 was used to fund payroll.

Gulf electric co., inc. of mobile is Existing or more than 2 years old

PPP Loan Search / AL / MOBILE / Gulf electric co., inc. of mobile

GULF ELECTRIC CO., INC. OF MOBILE

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GULF ELECTRIC CO., INC. OF MOBILE

Borrower Address

4719 HALLS MILL RD

Borrower City

MOBILE

Borrower State

AL

Borrower Zip

36693-5635

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3471300.00

Current Approval Amount

3471300.00

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

MOBILE

Project County Name

MOBILE

Project State

AL

Project Zip

36693-5635

CD

AL-01

Jobs Reported

232

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3471300.00

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

Subchapter S 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

3511219.95

Forgiveness Date

06/09/2021

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