PPP Loan information for M/c electric company

$93,342

M/c electric company was initially approved for PPP Loan of amount $93,342, the current approved amount is $93,342. The loan was approved on 04/28/2020 by The Cadence Bank reported 7 jobs and $93,342 was used to fund payroll.

M/c electric company is Existing or more than 2 years old

PPP Loan Search / AR / STUTTGART / M/c electric company

M/C ELECTRIC COMPANY

Date Approved

04/28/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

M/C ELECTRIC COMPANY

Borrower Address

1405 S. LESLIE ST.

Borrower City

STUTTGART

Borrower State

AR

Borrower Zip

72160

Loan Status Date

01/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93342.00

Current Approval Amount

93342.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STUTTGART

Project County Name

ARKANSAS

Project State

AR

Project Zip

72160-0001

CD

AR-01

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

93342.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

93938.35

Forgiveness Date

12/17/2020

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