PPP Loan information for Poss electric company inc

$49,722

Poss electric company inc was initially approved for PPP Loan of amount $49,722, the current approved amount is $49,722. The loan was approved on 03/26/2021 by The First Horizon Bank reported 8 jobs and $49,722 was used to fund payroll.

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

PPP Loan Search / GA / Woodstock / Poss electric company inc

POSS ELECTRIC COMPANY INC

Date Approved

03/26/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

POSS ELECTRIC COMPANY INC

Borrower Address

609 Ravenwood Dr

Borrower City

Woodstock

Borrower State

GA

Borrower Zip

30188-2623

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49722.00

Current Approval Amount

49722.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woodstock

Project County Name

CHEROKEE

Project State

GA

Project Zip

30188-2623

CD

GA-11

Jobs Reported

8

NAICS Code

561790

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

49720.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49959.56

Forgiveness Date

09/28/2021

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