PPP Loan information for Delta electric motors & repairs inc.

$60,625

Delta electric motors & repairs inc. was initially approved for PPP Loan of amount $60,625, the current approved amount is $60,625. The loan was approved on 05/01/2020 by The Cadence Bank reported 6 jobs and $60,625 was used to fund payroll.

Delta electric motors & repairs inc. is New Business or 2 years or less

PPP Loan Search / AR / VAN BUREN / Delta electric motors & repairs inc.

DELTA ELECTRIC MOTORS & REPAIRS INC.

Date Approved

05/01/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

DELTA ELECTRIC MOTORS & REPAIRS INC.

Borrower Address

1501 S 28TH ST

Borrower City

VAN BUREN

Borrower State

AR

Borrower Zip

72956

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60625.00

Current Approval Amount

60625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

VAN BUREN

Project County Name

CRAWFORD

Project State

AR

Project Zip

72956-0017

CD

AR-03

Jobs Reported

6

NAICS Code

335312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60625.00

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

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

61286.82

Forgiveness Date

06/04/2021

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