PPP Loan information for Dixie electric motor sales & service, inc.

$27,753

Dixie electric motor sales & service, inc. was initially approved for PPP Loan of amount $27,753, the current approved amount is $27,753. The loan was approved on 04/07/2020 by The Friend Bank reported 6 jobs and $27,753 was used to fund payroll.

Dixie electric motor sales & service, inc. is Existing or more than 2 years old

PPP Loan Search / AL / SLOCOMB / Dixie electric motor sales & service, inc.

DIXIE ELECTRIC MOTOR SALES & SERVICE, INC.

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

DIXIE ELECTRIC MOTOR SALES & SERVICE, INC.

Borrower Address

110 ANDREWS ST

Borrower City

SLOCOMB

Borrower State

AL

Borrower Zip

36375-6928

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27753.14

Current Approval Amount

27753.14

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3282

Servicing Lender Name

Friend Bank

Servicing Lender Address

220 E Lawrence Harris Hwy

Servicing Lender City

SLOCOMB

Servicing Lender State

AL

Servicing Lender Zip

36375-8106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SLOCOMB

Project County Name

GENEVA

Project State

AL

Project Zip

36375-6928

CD

AL-02

Jobs Reported

6

NAICS Code

811219

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

27753.14

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

3282

Originating Lender

Friend Bank

Originating Lender City

SLOCOMB

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27959.75

Forgiveness Date

01/08/2021

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