PPP Loan information for Mathes of alabama electric supply co inc

$380,700

Mathes of alabama electric supply co inc was initially approved for PPP Loan of amount $380,700, the current approved amount is $380,700. The loan was approved on 04/15/2020 by The Hancock Whitney Bank reported 29 jobs and $380,700 was used to fund payroll.

Mathes of alabama electric supply co inc is Existing or more than 2 years old

MATHES OF ALABAMA ELECTRIC SUPPLY CO INC

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MATHES OF ALABAMA ELECTRIC SUPPLY CO INC

Borrower Address

1514 S MCKENZIE ST

Borrower City

FOLEY

Borrower State

AL

Borrower Zip

36535-1727

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

380700.00

Current Approval Amount

380700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOLEY

Project County Name

BALDWIN

Project State

AL

Project Zip

36535-1727

CD

AL-01

Jobs Reported

29

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

380700.00

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

Subchapter S Corporation

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

383375.48

Forgiveness Date

12/31/2020

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