PPP Loan information for Patrick electric service, l.l.c.

$240,460

Patrick electric service, l.l.c. was initially approved for PPP Loan of amount $240,460, the current approved amount is $240,460. The loan was approved on 04/11/2020 by The Cadence Bank reported 26 jobs and $240,460 was used to fund payroll.

Patrick electric service, l.l.c. is New Business or 2 years or less

PATRICK ELECTRIC SERVICE, L.L.C.

Date Approved

04/11/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

PATRICK ELECTRIC SERVICE, L.L.C.

Borrower Address

320 N. 5TH ST.

Borrower City

MONROE

Borrower State

LA

Borrower Zip

71201-6832

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

240460.00

Current Approval Amount

240460.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MONROE

Project County Name

OUACHITA

Project State

LA

Project Zip

71201-6832

CD

LA-05

Jobs Reported

26

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

240460.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

242423.76

Forgiveness Date

02/11/2021

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