Date Approved
04/09/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
OSBORN & SON ELECTRIC, LLC
Borrower Address
912 E 23RD AVE
Borrower City
GULF SHORES
Borrower State
AL
Borrower Zip
36542-3124
Loan Status Date
12/31/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
37620.85
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
120708
Servicing Lender Name
The First Bank
Servicing Lender Address
6480 Hwy 98, West
Servicing Lender City
HATTIESBURG
Servicing Lender State
MS
Servicing Lender Zip
39402
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BALDWIN
Project State
Project Zip
CD
AL-01
Jobs Reported
4
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
100.00
Payroll Proceed
37520.85
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
37850.76
Forgiveness Date
11/25/2020