North American Electric, Inc.
$802,631 PPP Loan in Hernando, Mississippi
Loan Details
- Loan Number
- 1341387104
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $802,631
- Current Approval
- $802,631
- Forgiveness Amount
- $810,947
- Forgiveness Date
- May 4, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- North American Electric, Inc.
- Address
- 350 Vaiden Drive
- City
- Hernando
- State
- Mississippi
- ZIP Code
- 38632-2328
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423610)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 68
- Estimated Revenue
- $20.8M
- Rural/Urban
- Urban
- Congressional District
- MS-01
Loan Use Breakdown
- Payroll
- $691,720
- Rent
- $50,911
- Mortgage Interest
- $60,000
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
Other PPP Loans in Hernando, MS
| Business | Approved | |
|---|---|---|
| Moore Advanced Inc. | $1,064,011 |  Research |
| Whitfield Electric Company | $926,100 | Research |
| North American Electric Inc. | $802,630 | Research |
| First Regional Library | $694,505 | Research |
| L&t Services LLC | $686,888 | Research |
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