PPP Loan information for Stanford electric supply, inc.

$282,570

Stanford electric supply, inc. was initially approved for PPP Loan of amount $282,570, the current approved amount is $282,570. The loan was approved on 04/14/2020 by The Cadence Bank reported 29 jobs and $282,570 was used to fund payroll.

Stanford electric supply, inc. is Existing or more than 2 years old

STANFORD ELECTRIC SUPPLY, INC.

Date Approved

04/14/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

STANFORD ELECTRIC SUPPLY, INC.

Borrower Address

2200 FULTON DR

Borrower City

CORINTH

Borrower State

MS

Borrower Zip

38834

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

282570.00

Current Approval Amount

282570.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORINTH

Project County Name

ALCORN

Project State

MS

Project Zip

38834-1100

CD

MS-01

Jobs Reported

29

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

282570.00

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

Corporation

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

284924.75

Forgiveness Date

02/17/2021

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