PPP Loan information for Southern electric of tn llc

$151,800

Southern electric of tn llc was initially approved for PPP Loan of amount $151,800, the current approved amount is $151,800. The loan was approved on 04/15/2020 by The First Farmers and Merchants Bank reported 13 jobs and $151,800 was used to fund payroll.

Southern electric of tn llc is Existing or more than 2 years old

SOUTHERN ELECTRIC OF TN LLC

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SOUTHERN ELECTRIC OF TN LLC

Borrower Address

4922 Port Royal Rd C-11

Borrower City

SPRING HILL

Borrower State

TN

Borrower Zip

37174

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

151800.00

Current Approval Amount

151800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66879

Servicing Lender Name

First Farmers and Merchants Bank

Servicing Lender Address

816 S Garden St

Servicing Lender City

Columbia

Servicing Lender State

TN

Servicing Lender Zip

38401

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRING HILL

Project County Name

MAURY

Project State

TN

Project Zip

37174-0001

CD

TN-04

Jobs Reported

13

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

151800.00

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

66879

Originating Lender

First Farmers and Merchants Bank

Originating Lender City

Columbia

Originating Lender State

TN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

153322.22

Forgiveness Date

04/21/2021

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