PPP Loan information for South alabama electric comany inc

$362,000

South alabama electric comany inc was initially approved for PPP Loan of amount $362,000, the current approved amount is $362,000. The loan was approved on 04/14/2020 by The Renasant Bank reported 30 jobs and $362,000 was used to fund payroll.

South alabama electric comany inc is Existing or more than 2 years old

PPP Loan Search / AL / MOBILE / South alabama electric comany inc

SOUTH ALABAMA ELECTRIC COMANY INC

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SOUTH ALABAMA ELECTRIC COMANY INC

Borrower Address

762 Holcombe Avenue

Borrower City

MOBILE

Borrower State

AL

Borrower Zip

36606

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

362000.00

Current Approval Amount

362000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOBILE

Project County Name

MOBILE

Project State

AL

Project Zip

36606-1100

CD

AL-01

Jobs Reported

30

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

362000.00

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

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

364865.83

Forgiveness Date

02/17/2021

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