Dixie Electric Company, Inc.

$1,517,000 PPP Loan in Montgomery, Alabama

Loan Details

Loan Number
5271437010
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,517,000
Current Approval
$1,517,000
Forgiveness Amount
$1,534,783
Forgiveness Date
Jun 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dixie Electric Company, Inc.
Address
580 Trade Center St
State
Alabama
ZIP Code
36108-2108
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
139
Estimated Revenue
$45.7M
Rural/Urban
Urban
Congressional District
AL-02

Loan Use Breakdown

Payroll
$1,137,750
Rent
$303,400
Utilities
$75,850

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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