PPP Loan information for Wade electric company, inc.

$181,580

Wade electric company, inc. was initially approved for PPP Loan of amount $181,580, the current approved amount is $181,580. The loan was approved on 04/28/2020 by The Cadence Bank reported 18 jobs and $181,580 was used to fund payroll.

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

WADE ELECTRIC COMPANY, INC.

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

WADE ELECTRIC COMPANY, INC.

Borrower Address

503 AIRWAYS BLVD

Borrower City

JACKSON

Borrower State

TN

Borrower Zip

38301

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

181580.00

Current Approval Amount

181580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

MADISON

Project State

TN

Project Zip

38301-0600

CD

TN-08

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

181580.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

183052.82

Forgiveness Date

02/17/2021

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