PPP Loan information for Farmers electric inc

$21,250

Farmers electric inc was initially approved for PPP Loan of amount $21,250, the current approved amount is $21,250. The loan was approved on 04/13/2020 by The Southern States Bank reported 3 jobs and $21,250 was used to fund payroll.

Farmers electric inc is Existing or more than 2 years old

FARMERS ELECTRIC INC

Date Approved

04/13/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

FARMERS ELECTRIC INC

Borrower Address

106 Commercial Ave Ste A1

Borrower City

Carrollton

Borrower State

GA

Borrower Zip

30117-2449

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21250.00

Current Approval Amount

21250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449992

Servicing Lender Name

Southern States Bank

Servicing Lender Address

615 Quintard Ave

Servicing Lender City

ANNISTON

Servicing Lender State

AL

Servicing Lender Zip

36201-5755

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Carrollton

Project County Name

CARROLL

Project State

GA

Project Zip

30117-2449

CD

GA-03

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

21250.00

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

449992

Originating Lender

Southern States Bank

Originating Lender City

ANNISTON

Originating Lender State

AL

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21435.72

Forgiveness Date

03/01/2021

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