PPP Loan information for Poe electric inc

$159,518

Poe electric inc was initially approved for PPP Loan of amount $159,518, the current approved amount is $159,518. The loan was approved on 04/12/2020 by The Cadence Bank reported 25 jobs and $159,518 was used to fund payroll.

Poe electric inc is New Business or 2 years or less

PPP Loan Search / AL / MOODY / Poe electric inc

POE ELECTRIC INC

Date Approved

04/12/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

POE ELECTRIC INC

Borrower Address

2224 OLD MARKEETA RD

Borrower City

MOODY

Borrower State

AL

Borrower Zip

35004

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159517.50

Current Approval Amount

159517.50

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MOODY

Project County Name

SAINT CLAIR

Project State

AL

Project Zip

35004-0001

CD

AL-03

Jobs Reported

25

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

159517.50

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150427.06

Forgiveness Date

11/30/2020

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