PPP Loan information for Ratcliff electrical services inc

$40,345

Ratcliff electrical services inc was initially approved for PPP Loan of amount $40,345, the current approved amount is $40,345. The loan was approved on 04/06/2020 by The The Commercial Bank reported 7 jobs and $40,345 was used to fund payroll.

Ratcliff electrical services inc is New Business or 2 years or less

PPP Loan Search / MS / MERIDIAN / Ratcliff electrical services inc

RATCLIFF ELECTRICAL SERVICES INC

Date Approved

04/06/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

RATCLIFF ELECTRICAL SERVICES INC

Borrower Address

8627 Fellowship RD

Borrower City

MERIDIAN

Borrower State

MS

Borrower Zip

39303

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40345.00

Current Approval Amount

40345.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39197

Servicing Lender Name

The Commercial Bank

Servicing Lender Address

175 Hopper St

Servicing Lender City

DE KALB

Servicing Lender State

MS

Servicing Lender Zip

39328-9808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MERIDIAN

Project County Name

LAUDERDALE

Project State

MS

Project Zip

39303-3001

CD

MS-03

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40345.00

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

Subchapter S Corporation

Originating Lender Location Id

39197

Originating Lender

The Commercial Bank

Originating Lender City

DE KALB

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40618.02

Forgiveness Date

12/17/2020

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