PPP Loan information for Sutherland electric, inc

$62,894

Sutherland electric, inc was initially approved for PPP Loan of amount $62,894, the current approved amount is $62,894. The loan was approved on 04/13/2020 by The Origin Bank reported 11 jobs and $62,894 was used to fund payroll.

Sutherland electric, inc is Existing or more than 2 years old

PPP Loan Search / MS / RIDGELAND / Sutherland electric, inc

SUTHERLAND ELECTRIC, INC

Date Approved

04/13/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SUTHERLAND ELECTRIC, INC

Borrower Address

314 HAWTHORNE CIR

Borrower City

RIDGELAND

Borrower State

MS

Borrower Zip

39157-2510

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62894.37

Current Approval Amount

62894.37

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

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7861.80

Payroll Proceed

47170.77

Mortgage Interest Proceed

7861.80

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

63563.50

Forgiveness Date

05/05/2021

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