PPP Loan information for Lonnie's electric

$12,400

Lonnie's electric was initially approved for PPP Loan of amount $12,400, the current approved amount is $12,400. The loan was approved on 03/27/2021 by The The Peoples Bank reported 1 jobs and $12,400 was used to fund payroll.

Lonnie's electric is Existing or more than 2 years old

PPP Loan Search / MS / Falkner / Lonnie's electric

LONNIE'S ELECTRIC

Date Approved

03/27/2021

SBA Office Code

0470

Processing Method

PPP

Borrower Name

LONNIE'S ELECTRIC

Borrower Address

2820 County Road 301

Borrower City

Falkner

Borrower State

MS

Borrower Zip

38629-9321

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12400.00

Current Approval Amount

12400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39728

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

305 E Jefferson St

Servicing Lender City

RIPLEY

Servicing Lender State

MS

Servicing Lender Zip

38663-2021

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Falkner

Project County Name

TIPPAH

Project State

MS

Project Zip

38629-9321

CD

MS-01

Jobs Reported

1

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39728

Originating Lender

The Peoples Bank

Originating Lender City

RIPLEY

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12431.93

Forgiveness Date

06/30/2021

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