PPP Loan information for Industrial electronics repair inc

$7,500

Industrial electronics repair inc was initially approved for PPP Loan of amount $7,500, the current approved amount is $7,500. The loan was approved on 04/04/2020 by The Farmers and Merchants Bank reported 2 jobs and $7,500 was used to fund payroll.

Industrial electronics repair inc is Existing or more than 2 years old

INDUSTRIAL ELECTRONICS REPAIR INC

Date Approved

04/04/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

INDUSTRIAL ELECTRONICS REPAIR INC

Borrower Address

46 CR 1

Borrower City

DENNIS

Borrower State

MS

Borrower Zip

38838

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7500.00

Current Approval Amount

7500.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DENNIS

Project County Name

TISHOMINGO

Project State

MS

Project Zip

38838-0101

CD

MS-01

Jobs Reported

2

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7500.00

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

39079

Originating Lender

Farmers and Merchants Bank

Originating Lender City

BALDWYN

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7552.08

Forgiveness Date

12/17/2020

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