PPP Loan information for North alabama electric, inc.

$135,100

North alabama electric, inc. was initially approved for PPP Loan of amount $135,100, the current approved amount is $135,100. The loan was approved on 05/04/2020 by The Renasant Bank reported 14 jobs and $135,100 was used to fund payroll.

North alabama electric, inc. is Existing or more than 2 years old

NORTH ALABAMA ELECTRIC, INC.

Date Approved

05/04/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

NORTH ALABAMA ELECTRIC, INC.

Borrower Address

135 A Refreshment Place

Borrower City

DECATUR

Borrower State

AL

Borrower Zip

35602

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135100.00

Current Approval Amount

135100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MORGAN

Project State

AL

Project Zip

35602-0001

CD

AL-05

Jobs Reported

14

NAICS Code

238210

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

135100.00

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

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

136526.06

Forgiveness Date

05/26/2021

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