PPP Loan information for Sharp electric inc

$520,307

Sharp electric inc was initially approved for PPP Loan of amount $520,307, the current approved amount is $520,307. The loan was approved on 02/02/2021 by The First Horizon Bank reported 34 jobs and $520,307 was used to fund payroll.

Sharp electric inc is Existing or more than 2 years old

SHARP ELECTRIC INC

Date Approved

02/02/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

SHARP ELECTRIC INC

Borrower Address

3600 Hessmer Ave

Borrower City

Metairie

Borrower State

LA

Borrower Zip

70002-4733

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

520307.00

Current Approval Amount

520307.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Metairie

Project County Name

JEFFERSON

Project State

LA

Project Zip

70002-4733

CD

LA-01

Jobs Reported

34

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

520301.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

525813.58

Forgiveness Date

03/02/2022

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