Southern Electric Motor Service

$74,313 PPP Loan in Enterprise, Alabama

Loan Details

Loan Number
4172818710
Date Approved
Mar 31, 2021
Loan Status
Paid in Full
Initial Approval
$74,313
Current Approval
$74,313
Forgiveness Amount
$75,351
Forgiveness Date
Aug 18, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Southern Electric Motor Service
Address
5371 Boll Weevil Cir
State
Alabama
ZIP Code
36330-6216
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Payroll
$74,311
Utilities
$1

Lender Information

Servicing Lender
River Bank & Trust
Originating Lender
River Bank & Trust

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