PPP Loan information for Northport electrical supply, inc.

$188,500

Northport electrical supply, inc. was initially approved for PPP Loan of amount $188,500, the current approved amount is $188,500. The loan was approved on 04/15/2020 by The Cadence Bank reported 16 jobs and $188,500 was used to fund payroll.

Northport electrical supply, inc. is Existing or more than 2 years old

NORTHPORT ELECTRICAL SUPPLY, INC.

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

NORTHPORT ELECTRICAL SUPPLY, INC.

Borrower Address

3111 MCFARLAND BLVD

Borrower City

NORTHPORT

Borrower State

AL

Borrower Zip

35476-3170

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188500.00

Current Approval Amount

188500.00

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

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTHPORT

Project County Name

TUSCALOOSA

Project State

AL

Project Zip

35476-3170

CD

AL-07

Jobs Reported

16

NAICS Code

444190

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

188500.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

190898.14

Forgiveness Date

08/09/2021

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