Greer Electric, INC

$462,500 PPP Loan in Dumas, Mississippi

Loan Details

Loan Number
4854957010
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$462,500
Current Approval
$458,500
Forgiveness Amount
$461,289
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Greer Electric, INC
Address
1190a Cr 628
City
Dumas
ZIP Code
38625
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$8.2M
Rural/Urban
Rural
Congressional District
MS-01

Loan Use Breakdown

Payroll
$366,800
Utilities
$45,850
Mortgage Interest
$45,850

Lender Information

Servicing Lender
Farmers and Merchants Bank
Originating Lender
Farmers and Merchants Bank

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