PPP Loan information for Mcinnis electric co.

$1,878,594

Mcinnis electric co. was initially approved for PPP Loan of amount $1,878,594, the current approved amount is $1,878,594. The loan was approved on 01/29/2021 by The Loan Source Incorporated reported 60 jobs and $1,878,594 was used to fund payroll.

Mcinnis electric co. is Existing or more than 2 years old

PPP Loan Search / MS / Clinton / Mcinnis electric co.

MCINNIS ELECTRIC CO.

Date Approved

01/29/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

MCINNIS ELECTRIC CO.

Borrower Address

2730 Clinton Tinnin Rd

Borrower City

Clinton

Borrower State

MS

Borrower Zip

39056-9524

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1878594.00

Current Approval Amount

1878594.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clinton

Project County Name

HINDS

Project State

MS

Project Zip

39056-9524

CD

MS-02

Jobs Reported

60

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1878591.00

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

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1892387.51

Forgiveness Date

11/01/2021

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