PPP Loan information for Southeast electrical rep group inc.

$88,400

Southeast electrical rep group inc. was initially approved for PPP Loan of amount $88,400, the current approved amount is $88,400. The loan was approved on 04/13/2020 by The M C Bank & Trust Co. reported 7 jobs and $88,400 was used to fund payroll.

Southeast electrical rep group inc. is Existing or more than 2 years old

SOUTHEAST ELECTRICAL REP GROUP INC.

Date Approved

04/13/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

SOUTHEAST ELECTRICAL REP GROUP INC.

Borrower Address

12522 STANGA RD

Borrower City

COVINGTON

Borrower State

LA

Borrower Zip

70433-0809

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88400.00

Current Approval Amount

88400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28707

Servicing Lender Name

M C Bank & Trust Co.

Servicing Lender Address

1201 Brashear Ave

Servicing Lender City

MORGAN CITY

Servicing Lender State

LA

Servicing Lender Zip

70380-1361

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COVINGTON

Project County Name

SAINT TAMMANY

Project State

LA

Project Zip

70433-0809

CD

LA-01

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88400.00

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

28707

Originating Lender

M C Bank & Trust Co.

Originating Lender City

MORGAN CITY

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88832.18

Forgiveness Date

10/14/2020

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