PPP Loan information for Monroe electric company inc

$23,370

Monroe electric company inc was initially approved for PPP Loan of amount $23,370, the current approved amount is $23,370. The loan was approved on 04/09/2020 by The First Financial Bank reported 3 jobs and $23,370 was used to fund payroll.

Monroe electric company inc is Existing or more than 2 years old

PPP Loan Search / AL / PELHAM / Monroe electric company inc

MONROE ELECTRIC COMPANY INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MONROE ELECTRIC COMPANY INC

Borrower Address

55 MONROE DR

Borrower City

PELHAM

Borrower State

AL

Borrower Zip

35124-6152

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23369.80

Current Approval Amount

23369.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3372

Servicing Lender Name

First Financial Bank

Servicing Lender Address

1630 4th Ave North

Servicing Lender City

BESSEMER

Servicing Lender State

AL

Servicing Lender Zip

35020-5711

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PELHAM

Project County Name

SHELBY

Project State

AL

Project Zip

35124-6152

CD

AL-06

Jobs Reported

3

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1557.99

Payroll Proceed

18695.84

Mortgage Interest Proceed

1557.99

Rent Proceed

1557.98

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

3372

Originating Lender

First Financial Bank

Originating Lender City

BESSEMER

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

23670.36

Forgiveness Date

08/04/2021

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