PPP Loan information for Weaver electric inc

$1,023,800

Weaver electric inc was initially approved for PPP Loan of amount $1,023,800, the current approved amount is $1,023,800. The loan was approved on 04/04/2020 by The Community Bank of Mississippi reported 56 jobs and $1,023,800 was used to fund payroll.

Weaver electric inc is Existing or more than 2 years old

WEAVER ELECTRIC INC

Date Approved

04/04/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

WEAVER ELECTRIC INC

Borrower Address

8289 CANAL RD

Borrower City

GULFPORT

Borrower State

MS

Borrower Zip

39503-9043

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1023800.00

Current Approval Amount

1023800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GULFPORT

Project County Name

HARRISON

Project State

MS

Project Zip

39503-9043

CD

MS-04

Jobs Reported

56

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

126607.69

Payroll Proceed

882716.87

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14475.44

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1030587.93

Forgiveness Date

12/08/2020

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