PPP Loan information for Southern electrical resources inc

$72,985

Southern electrical resources inc was initially approved for PPP Loan of amount $72,985, the current approved amount is $72,985. The loan was approved on 06/05/2020 by The Pinnacle Bank reported 9 jobs and $72,985 was used to fund payroll.

Southern electrical resources inc is Existing or more than 2 years old

SOUTHERN ELECTRICAL RESOURCES INC

Date Approved

06/05/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SOUTHERN ELECTRICAL RESOURCES INC

Borrower Address

4305 Lilburn Industrial Way

Borrower City

LILBURN

Borrower State

GA

Borrower Zip

30047

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72985.42

Current Approval Amount

72985.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19435

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

884 Elbert St

Servicing Lender City

ELBERTON

Servicing Lender State

GA

Servicing Lender Zip

30635-2628

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LILBURN

Project County Name

GWINNETT

Project State

GA

Project Zip

30047-0001

CD

GA-07

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72985.42

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

19435

Originating Lender

Pinnacle Bank

Originating Lender City

ELBERTON

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73587.55

Forgiveness Date

03/30/2021

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