PPP Loan information for Synergy electric, inc.

$555,926

Synergy electric, inc. was initially approved for PPP Loan of amount $555,926, the current approved amount is $555,926. The loan was approved on 04/10/2020 by The The Citizens National Bank of Meridian reported 55 jobs and $555,926 was used to fund payroll.

Synergy electric, inc. is Existing or more than 2 years old

SYNERGY ELECTRIC, INC.

Date Approved

04/10/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SYNERGY ELECTRIC, INC.

Borrower Address

372 DISTRIBUTION DR

Borrower City

MADISON

Borrower State

MS

Borrower Zip

39110-8745

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

555926.00

Current Approval Amount

555926.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39604

Servicing Lender Name

The Citizens National Bank of Meridian

Servicing Lender Address

512 22nd Ave

Servicing Lender City

MERIDIAN

Servicing Lender State

MS

Servicing Lender Zip

39301-5853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

MADISON

Project State

MS

Project Zip

39110-8745

CD

MS-03

Jobs Reported

55

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

55592.60

Payroll Proceed

444740.80

Mortgage Interest Proceed

55592.60

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

39604

Originating Lender

The Citizens National Bank of Meridian

Originating Lender City

MERIDIAN

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

559091.69

Forgiveness Date

11/05/2020

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