PPP Loan information for M. b. davis electric, inc.

$67,699

M. b. davis electric, inc. was initially approved for PPP Loan of amount $67,699, the current approved amount is $67,699. The loan was approved on 04/29/2020 by The Farmers and Merchants Bank reported 6 jobs and $67,699 was used to fund payroll.

M. b. davis electric, inc. is Existing or more than 2 years old

M. B. DAVIS ELECTRIC, INC.

Date Approved

04/29/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

M. B. DAVIS ELECTRIC, INC.

Borrower Address

1411 GENERAL ARTS RD NW

Borrower City

CONYERS

Borrower State

GA

Borrower Zip

30012-3411

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67698.50

Current Approval Amount

67698.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19521

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

4 N Carter St

Servicing Lender City

LAKELAND

Servicing Lender State

GA

Servicing Lender Zip

31635-5678

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CONYERS

Project County Name

ROCKDALE

Project State

GA

Project Zip

30012-3411

CD

GA-04

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

67698.50

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

Subchapter S Corporation

Originating Lender Location Id

19521

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAKELAND

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

68193.08

Forgiveness Date

02/01/2021

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