PPP Loan information for Peavey electronics corporation

$1,443,596

Peavey electronics corporation was initially approved for PPP Loan of amount $1,443,596, the current approved amount is $1,443,596. The loan was approved on 04/05/2020 by The PNC Bank, National Association reported 81 jobs and $1,443,596 was used to fund payroll.

Peavey electronics corporation is Existing or more than 2 years old

PPP Loan Search / MS / MERIDIAN / Peavey electronics corporation

PEAVEY ELECTRONICS CORPORATION

Date Approved

04/05/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

PEAVEY ELECTRONICS CORPORATION

Borrower Address

5022 HARTLEY PEAVEY DR

Borrower City

MERIDIAN

Borrower State

MS

Borrower Zip

39305-8733

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1443596.00

Current Approval Amount

1443596.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MERIDIAN

Project County Name

LAUDERDALE

Project State

MS

Project Zip

39305-8733

CD

MS-03

Jobs Reported

81

NAICS Code

423690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

43596.00

Payroll Proceed

1300000.00

Mortgage Interest Proceed

0.00

Rent Proceed

100000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1246587.05

Forgiveness Date

01/21/2022

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