PPP Loan information for Walker electric inc.

$183,480

Walker electric inc. was initially approved for PPP Loan of amount $183,480, the current approved amount is $183,480. The loan was approved on 03/27/2021 by The Southern Independent Bank reported 18 jobs and $183,480 was used to fund payroll.

Walker electric inc. is Existing or more than 2 years old

WALKER ELECTRIC INC.

Date Approved

03/27/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

WALKER ELECTRIC INC.

Borrower Address

726 Stanley Ave

Borrower City

Andalusia

Borrower State

AL

Borrower Zip

36420-4926

Loan Status Date

12/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

183480.20

Current Approval Amount

183480.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444795

Servicing Lender Name

Southern Independent Bank

Servicing Lender Address

503 N Main St

Servicing Lender City

OPP

Servicing Lender State

AL

Servicing Lender Zip

36467-1629

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Andalusia

Project County Name

COVINGTON

Project State

AL

Project Zip

36420-4926

CD

AL-02

Jobs Reported

18

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

183478.20

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

444795

Originating Lender

Southern Independent Bank

Originating Lender City

OPP

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

184570.89

Forgiveness Date

11/03/2021

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