PPP Loan information for Electro-mechanical rectifiers llc

$103,715

Electro-mechanical rectifiers llc was initially approved for PPP Loan of amount $103,715, the current approved amount is $103,715. The loan was approved on 06/03/2020 by The First Horizon Bank reported 5 jobs and $103,715 was used to fund payroll.

Electro-mechanical rectifiers llc is Existing or more than 2 years old

ELECTRO-MECHANICAL RECTIFIERS LLC

Date Approved

06/03/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ELECTRO-MECHANICAL RECTIFIERS LLC

Borrower Address

69458 HIGHWAY 59

Borrower City

MANDEVILLE

Borrower State

LA

Borrower Zip

70471

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

103715.00

Current Approval Amount

103715.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

MANDEVILLE

Project County Name

SAINT TAMMANY

Project State

LA

Project Zip

70471-0001

CD

LA-01

Jobs Reported

5

NAICS Code

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

103715.00

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

Limited Liability Company(LLC)

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

104922.13

Forgiveness Date

08/11/2021

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