PPP Loan information for Sutherland electric inc

$72,349

Sutherland electric inc was initially approved for PPP Loan of amount $72,349, the current approved amount is $72,349. The loan was approved on 02/05/2021 by The Origin Bank reported 10 jobs and $72,349 was used to fund payroll.

Sutherland electric inc is Existing or more than 2 years old

SUTHERLAND ELECTRIC INC

Date Approved

02/05/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

SUTHERLAND ELECTRIC INC

Borrower Address

314 Hawthorne Cir

Borrower City

Ridgeland

Borrower State

MS

Borrower Zip

39157-2510

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72349.00

Current Approval Amount

72349.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ridgeland

Project County Name

MADISON

Project State

MS

Project Zip

39157-2510

CD

MS-03

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

72344.00

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

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72967.99

Forgiveness Date

12/20/2021

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