PPP Loan information for Central electric of monroe

$179,373

Central electric of monroe was initially approved for PPP Loan of amount $179,373, the current approved amount is $179,373. The loan was approved on 04/29/2020 by The First Horizon Bank reported 12 jobs and $179,373 was used to fund payroll.

Central electric of monroe is Existing or more than 2 years old

PPP Loan Search / LA / WEST MONROE / Central electric of monroe

CENTRAL ELECTRIC OF MONROE

Date Approved

04/29/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

CENTRAL ELECTRIC OF MONROE

Borrower Address

300 DOWNING PINES RD

Borrower City

WEST MONROE

Borrower State

LA

Borrower Zip

71292

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

179373.00

Current Approval Amount

179373.00

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WEST MONROE

Project County Name

OUACHITA

Project State

LA

Project Zip

71292-0100

CD

LA-05

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

179373.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

181869.27

Forgiveness Date

09/22/2021

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