PPP Loan information for Bagby & russell electric co., inc.

$2,027,500

Bagby & russell electric co., inc. was initially approved for PPP Loan of amount $2,027,500, the current approved amount is $2,027,500. The loan was approved on 04/14/2020 by The Hancock Whitney Bank reported 151 jobs and $2,027,500 was used to fund payroll.

Bagby & russell electric co., inc. is Existing or more than 2 years old

PPP Loan Search / AL / THEODORE / Bagby & russell electric co., inc.

BAGBY & RUSSELL ELECTRIC CO., INC.

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BAGBY & RUSSELL ELECTRIC CO., INC.

Borrower Address

5500 PLANTATION RD

Borrower City

THEODORE

Borrower State

AL

Borrower Zip

36582-1702

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2027500.00

Current Approval Amount

2027500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

THEODORE

Project County Name

MOBILE

Project State

AL

Project Zip

36582-1702

CD

AL-01

Jobs Reported

151

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5300.00

Payroll Proceed

1989200.00

Mortgage Interest Proceed

0.00

Rent Proceed

33000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2052167.92

Forgiveness Date

06/29/2021

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