PPP Loan information for Nemmer electric inc

$717,538

Nemmer electric inc was initially approved for PPP Loan of amount $717,538, the current approved amount is $717,538. The loan was approved on 04/13/2020 by The Cadence Bank reported 59 jobs and $717,538 was used to fund payroll.

Nemmer electric inc is New Business or 2 years or less

PPP Loan Search / TX / WACO / Nemmer electric inc

NEMMER ELECTRIC INC

Date Approved

04/13/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

NEMMER ELECTRIC INC

Borrower Address

300 S 20TH ST

Borrower City

WACO

Borrower State

TX

Borrower Zip

76701-1613

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

717537.50

Current Approval Amount

717537.50

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WACO

Project County Name

MCLENNAN

Project State

TX

Project Zip

76701-1613

CD

TX-17

Jobs Reported

59

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

717537.50

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

722879.17

Forgiveness Date

01/19/2021

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