PPP Loan information for Bannisters electric company, inc

$295,000

Bannisters electric company, inc was initially approved for PPP Loan of amount $295,000, the current approved amount is $295,000. The loan was approved on 04/10/2020 by The United National Bank reported 26 jobs and $295,000 was used to fund payroll.

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

BANNISTERS ELECTRIC COMPANY, INC

Date Approved

04/10/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

BANNISTERS ELECTRIC COMPANY, INC

Borrower Address

108 CASSIDY RD

Borrower City

THOMASVILLE

Borrower State

GA

Borrower Zip

31792-4016

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

295000.00

Current Approval Amount

295000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124530

Servicing Lender Name

United National Bank

Servicing Lender Address

722 N Broad St

Servicing Lender City

CAIRO

Servicing Lender State

GA

Servicing Lender Zip

39828-1607

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

THOMASVILLE

Project County Name

THOMAS

Project State

GA

Project Zip

31792-4016

CD

GA-02

Jobs Reported

26

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

236000.00

Mortgage Interest Proceed

0.00

Rent Proceed

49000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124530

Originating Lender

United National Bank

Originating Lender City

CAIRO

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

297548.47

Forgiveness Date

02/23/2021

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