PPP Loan information for Hannah electric company inc

$523,600

Hannah electric company inc was initially approved for PPP Loan of amount $523,600, the current approved amount is $523,600. The loan was approved on 04/12/2020 by The Southern States Bank reported 40 jobs and $523,600 was used to fund payroll.

Hannah electric company inc is Existing or more than 2 years old

HANNAH ELECTRIC COMPANY INC

Date Approved

04/12/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

HANNAH ELECTRIC COMPANY INC

Borrower Address

117- B Kingsbridge Drive

Borrower City

Carrollton

Borrower State

GA

Borrower Zip

30117

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

523600.00

Current Approval Amount

523600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449992

Servicing Lender Name

Southern States Bank

Servicing Lender Address

615 Quintard Ave

Servicing Lender City

ANNISTON

Servicing Lender State

AL

Servicing Lender Zip

36201-5755

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Carrollton

Project County Name

CARROLL

Project State

GA

Project Zip

30117-0100

CD

GA-03

Jobs Reported

40

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

523600.00

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

Corporation

Originating Lender Location Id

449992

Originating Lender

Southern States Bank

Originating Lender City

ANNISTON

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

528649.51

Forgiveness Date

03/31/2021

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