PPP Loan information for Herndon electric, inc.

$540,913

Herndon electric, inc. was initially approved for PPP Loan of amount $540,913, the current approved amount is $540,913. The loan was approved on 04/06/2020 by The Troy Bank & Trust Company reported 49 jobs and $540,913 was used to fund payroll.

Herndon electric, inc. is Existing or more than 2 years old

PPP Loan Search / AL / DOTHAN / Herndon electric, inc.

HERNDON ELECTRIC, INC.

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

HERNDON ELECTRIC, INC.

Borrower Address

221 W CARROLL ST

Borrower City

DOTHAN

Borrower State

AL

Borrower Zip

36301-4331

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

540912.86

Current Approval Amount

540912.86

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3323

Servicing Lender Name

Troy Bank & Trust Company

Servicing Lender Address

1000 US Hwy 231 S

Servicing Lender City

TROY

Servicing Lender State

AL

Servicing Lender Zip

36081-3104

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DOTHAN

Project County Name

HOUSTON

Project State

AL

Project Zip

36301-4331

CD

AL-02

Jobs Reported

49

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1670.00

Payroll Proceed

527242.86

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

3323

Originating Lender

Troy Bank & Trust Company

Originating Lender City

TROY

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

544484.37

Forgiveness Date

12/08/2020

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