Date Approved
03/12/2021
SBA Office Code
0459
Processing Method
PPS
Borrower Name
MILNER ELECTRIC INC
Borrower Address
78 Lakewood Dr
Borrower City
Tallassee
Borrower State
AL
Borrower Zip
36078-6404
Loan Status Date
04/01/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
21578.00
Current Approval Amount
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
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
TALLAPOOSA
Project State
Project Zip
CD
AL-02
Jobs Reported
4
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
21575.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
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
21822.75
Forgiveness Date
05/11/2022