PPP Loan information for Southern electric coil llc

$306,388

Southern electric coil llc was initially approved for PPP Loan of amount $306,388, the current approved amount is $306,388. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 49 jobs and $306,388 was used to fund payroll.

Southern electric coil llc is Existing or more than 2 years old

PPP Loan Search / IN / HAMMOND / Southern electric coil llc

SOUTHERN ELECTRIC COIL LLC

Date Approved

05/01/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SOUTHERN ELECTRIC COIL LLC

Borrower Address

5025 COLUMBIA AVE

Borrower City

HAMMOND

Borrower State

IN

Borrower Zip

46327

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

306388.00

Current Approval Amount

306388.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAMMOND

Project County Name

LAKE

Project State

IN

Project Zip

46327-0001

CD

IN-01

Jobs Reported

49

NAICS Code

335999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

306388.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

310294.45

Forgiveness Date

08/16/2021

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