PPP Loan information for Stansell electric company, inc.

$2,859,100

Stansell electric company, inc. was initially approved for PPP Loan of amount $2,859,120, the current approved amount is $2,859,100. The loan was approved on 04/13/2020 by The First Farmers and Merchants Bank reported 255 jobs and $2,859,100 was used to fund payroll.

Stansell electric company, inc. is Existing or more than 2 years old

STANSELL ELECTRIC COMPANY, INC.

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

STANSELL ELECTRIC COMPANY, INC.

Borrower Address

860 Visco Drive

Borrower City

NASHVILLE

Borrower State

TN

Borrower Zip

37210-2150

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2859120.00

Current Approval Amount

2859100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66879

Servicing Lender Name

First Farmers and Merchants Bank

Servicing Lender Address

816 S Garden St

Servicing Lender City

Columbia

Servicing Lender State

TN

Servicing Lender Zip

38401

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NASHVILLE

Project County Name

DAVIDSON

Project State

TN

Project Zip

37210-2150

CD

TN-05

Jobs Reported

255

NAICS Code

335122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2859100.00

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

66879

Originating Lender

First Farmers and Merchants Bank

Originating Lender City

Columbia

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2895156.43

Forgiveness Date

07/21/2021

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