PPP Loan information for Hannah electric company

$515,528

Hannah electric company was initially approved for PPP Loan of amount $515,528, the current approved amount is $515,528. The loan was approved on 03/27/2021 by The Southern States Bank reported 51 jobs and $515,528 was used to fund payroll.

Hannah electric company is Existing or more than 2 years old

HANNAH ELECTRIC COMPANY

Date Approved

03/27/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

HANNAH ELECTRIC COMPANY

Borrower Address

117- B Kingsbridge Drive

Borrower City

Carrollton

Borrower State

GA

Borrower Zip

30117

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

515528.00

Current Approval Amount

515528.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449992

Servicing Lender Name

Southern States Bank

Servicing Lender Address

615 Quintard Ave

Servicing Lender City

ANNISTON

Servicing Lender State

AL

Servicing Lender Zip

36201-5755

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Carrollton

Project County Name

CARROLL

Project State

GA

Project Zip

30117

CD

GA-03

Jobs Reported

51

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

515528.00

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

449992

Originating Lender

Southern States Bank

Originating Lender City

ANNISTON

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

519242.63

Forgiveness Date

12/16/2021

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