PPP Loan information for Mid-south electric contractors, inc.

$1,824,500

Mid-south electric contractors, inc. was initially approved for PPP Loan of amount $1,824,500, the current approved amount is $1,824,500. The loan was approved on 04/10/2020 by The Paragon Bank reported 103 jobs and $1,824,500 was used to fund payroll.

Mid-south electric contractors, inc. is Existing or more than 2 years old

PPP Loan Search / TN / MEMPHIS / Mid-south electric contractors, inc.

MID-SOUTH ELECTRIC CONTRACTORS, INC.

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MID-SOUTH ELECTRIC CONTRACTORS, INC.

Borrower Address

3869 NEW GETWELL RD

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38118-6016

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1824500.00

Current Approval Amount

1824500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

433171

Servicing Lender Name

Paragon Bank

Servicing Lender Address

5400 Poplar Ave

Servicing Lender City

Memphis

Servicing Lender State

TN

Servicing Lender Zip

38119

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38118-6016

CD

TN-09

Jobs Reported

103

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1824500.00

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

433171

Originating Lender

Paragon Bank

Originating Lender City

Memphis

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1835244.28

Forgiveness Date

11/19/2020

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