PPP Loan information for Abbeville electric supply inc

$68,670

Abbeville electric supply inc was initially approved for PPP Loan of amount $68,670, the current approved amount is $68,670. The loan was approved on 04/27/2020 by The Bank of Abbeville & Trust Company reported 11 jobs and $68,670 was used to fund payroll.

Abbeville electric supply inc is Existing or more than 2 years old

ABBEVILLE ELECTRIC SUPPLY INC

Date Approved

04/27/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ABBEVILLE ELECTRIC SUPPLY INC

Borrower Address

320 SOUTH STATE STREET

Borrower City

ABBEVILLE

Borrower State

LA

Borrower Zip

70510-5920

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68670.00

Current Approval Amount

68670.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27999

Servicing Lender Name

Bank of Abbeville & Trust Company

Servicing Lender Address

123 Concord St

Servicing Lender City

ABBEVILLE

Servicing Lender State

LA

Servicing Lender Zip

70510-4617

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ABBEVILLE

Project County Name

VERMILION

Project State

LA

Project Zip

70510-5920

CD

LA-03

Jobs Reported

11

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

54936.00

Mortgage Interest Proceed

0.00

Rent Proceed

13734.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

27999

Originating Lender

Bank of Abbeville & Trust Company

Originating Lender City

ABBEVILLE

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

69213.72

Forgiveness Date

02/16/2021

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