PPP Loan information for Palmer electric, inc.

$136,672

Palmer electric, inc. was initially approved for PPP Loan of amount $136,675, the current approved amount is $136,672. The loan was approved on 04/13/2020 by The Cadence Bank reported 12 jobs and $136,672 was used to fund payroll.

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

PPP Loan Search / MS / PETAL / Palmer electric, inc.

PALMER ELECTRIC, INC.

Date Approved

04/13/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

PALMER ELECTRIC, INC.

Borrower Address

216 MCINNIS ST

Borrower City

PETAL

Borrower State

MS

Borrower Zip

39465-2042

Loan Status Date

01/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136675.00

Current Approval Amount

136672.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

PETAL

Project County Name

FORREST

Project State

MS

Project Zip

39465-2042

CD

MS-04

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

136672.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

137533.79

Forgiveness Date

12/09/2020

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