PPP Loan information for Savoy electric llc

$154,992

Savoy electric llc was initially approved for PPP Loan of amount $154,992, the current approved amount is $154,992. The loan was approved on 03/12/2021 by The First Horizon Bank reported 32 jobs and $154,992 was used to fund payroll.

Savoy electric llc is Existing or more than 2 years old

SAVOY ELECTRIC LLC

Date Approved

03/12/2021

SBA Office Code

0679

Processing Method

PPP

Borrower Name

SAVOY ELECTRIC LLC

Borrower Address

2106 Guillot Rd

Borrower City

Youngsville

Borrower State

LA

Borrower Zip

70592-6324

Loan Status Date

10/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

154992.00

Current Approval Amount

154992.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Youngsville

Project County Name

VERMILION

Project State

LA

Project Zip

70592-6324

CD

LA-03

Jobs Reported

32

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

154990.00

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

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

157295.35

Forgiveness Date

09/15/2022

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