PPP Loan information for Moodys electric inc

$1,861,920

Moodys electric inc was initially approved for PPP Loan of amount $1,861,920, the current approved amount is $1,861,920. The loan was approved on 01/26/2021 by The Hancock Whitney Bank reported 88 jobs and $1,861,920 was used to fund payroll.

Moodys electric inc is Existing or more than 2 years old

PPP Loan Search / AL / Bay Minette / Moodys electric inc

MOODYS ELECTRIC INC

Date Approved

01/26/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

MOODYS ELECTRIC INC

Borrower Address

40150 State Highway 59

Borrower City

Bay Minette

Borrower State

AL

Borrower Zip

36507-8240

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1861920.00

Current Approval Amount

1861920.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bay Minette

Project County Name

BALDWIN

Project State

AL

Project Zip

36507-8240

CD

AL-01

Jobs Reported

88

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1861917.00

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

Subchapter S Corporation

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1884573.36

Forgiveness Date

04/13/2022

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