Higgins Electric Inc. of Dothan

$480,000 PPP Loan in Dothan, Alabama

Loan Details

Loan Number
5400207008
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$480,000
Current Approval
$480,000
Forgiveness Amount
$483,480
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Higgins Electric Inc. of Dothan
Address
1360 Columbia Highway
City
Dothan
State
Alabama
ZIP Code
36301-1828
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423690)
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
$17.2M
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Payroll
$475,000
Utilities
$5,000

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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