PPP Loan information for Indianola electric company, inc.

$125,000

Indianola electric company, inc. was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 04/05/2020 by The Planters Bank & Trust Company reported 14 jobs and $125,000 was used to fund payroll.

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

PPP Loan Search / MS / INDIANOLA / Indianola electric company, inc.

INDIANOLA ELECTRIC COMPANY, INC.

Date Approved

04/05/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

INDIANOLA ELECTRIC COMPANY, INC.

Borrower Address

352 MARTIN LUTHER KING JR DR

Borrower City

INDIANOLA

Borrower State

MS

Borrower Zip

38751-2336

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39763

Servicing Lender Name

Planters Bank & Trust Company

Servicing Lender Address

212 Catchings Ave

Servicing Lender City

INDIANOLA

Servicing Lender State

MS

Servicing Lender Zip

38751-2408

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INDIANOLA

Project County Name

SUNFLOWER

Project State

MS

Project Zip

38751-2336

CD

MS-02

Jobs Reported

14

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

125000.00

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

39763

Originating Lender

Planters Bank & Trust Company

Originating Lender City

INDIANOLA

Originating Lender State

MS

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

125784.25

Forgiveness Date

11/27/2020

;