PPP Loan information for Lee's electric co. inc

$124,800

Lee's electric co. inc was initially approved for PPP Loan of amount $124,800, the current approved amount is $124,800. The loan was approved on 01/29/2021 by The First Southern Bank reported 9 jobs and $124,800 was used to fund payroll.

Lee's electric co. inc is Existing or more than 2 years old

PPP Loan Search / MS / Petal / Lee's electric co. inc

LEE'S ELECTRIC CO. INC

Date Approved

01/29/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

LEE'S ELECTRIC CO. INC

Borrower Address

37 McNair Dr

Borrower City

Petal

Borrower State

MS

Borrower Zip

39465-9613

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

124800.00

Current Approval Amount

124800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88691

Servicing Lender Name

First Southern Bank

Servicing Lender Address

1075 Hwy 98

Servicing Lender City

COLUMBIA

Servicing Lender State

MS

Servicing Lender Zip

39429-3741

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Petal

Project County Name

FORREST

Project State

MS

Project Zip

39465-9613

CD

MS-04

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

124795.00

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

88691

Originating Lender

First Southern Bank

Originating Lender City

COLUMBIA

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

125398.36

Forgiveness Date

07/27/2021

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