PPP Loan information for E-electric co

$30,000

E-electric co was initially approved for PPP Loan of amount $30,000, the current approved amount is $30,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 4 jobs and $30,000 was used to fund payroll.

E-electric co is New Business or 2 years or less

PPP Loan Search / MS / SOUTHAVEN / E-electric co

E-ELECTRIC CO

Date Approved

05/01/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

E-ELECTRIC CO

Borrower Address

8279 BERKLEY DR

Borrower City

SOUTHAVEN

Borrower State

MS

Borrower Zip

38671-7331

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30000.00

Current Approval Amount

30000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SOUTHAVEN

Project County Name

DESOTO

Project State

MS

Project Zip

38671-7331

CD

MS-01

Jobs Reported

4

NAICS Code

238210

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

30000.00

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

Sole Proprietorship

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5139.60

Forgiveness Date

06/04/2021

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