Industrial Electric Motor Works, INC

$808,625 PPP Loan in Meridian, Mississippi

Loan Details

Loan Number
2145747102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$808,625
Current Approval
$808,625
Forgiveness Amount
$813,100
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Electric Motor Works, INC
Address
1551 Redman Road
ZIP Code
39305-8428
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$16.2M
Rural/Urban
Rural
Congressional District
MS-03

Loan Use Breakdown

Payroll
$808,625

Lender Information

Servicing Lender
Trustmark National Bank
Originating Lender
Trustmark National Bank

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