Date Approved
03/26/2021
SBA Office Code
0474
Processing Method
PPP
Borrower Name
POWER BROTHERS ELECTRIC
Borrower Address
337 Cherokee Cir
Borrower City
Madisonville
Borrower State
TN
Borrower Zip
37354-6058
Loan Status Date
12/08/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
22600.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
2408
Servicing Lender Name
Regions Bank
Servicing Lender Address
1900 Fifth Avenue North
Servicing Lender City
BIRMINGHAM
Servicing Lender State
AL
Servicing Lender Zip
35203
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MONROE
Project State
Project Zip
CD
TN-03
Jobs Reported
2
NAICS Code
238210
Race
American Indian or Alaska Native
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
22598.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Partnership
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
22741.17
Forgiveness Date
11/22/2021