Herndon Electric, Inc.

$540,913 PPP Loan in Dothan, Alabama

Loan Details

Loan Number
6329927002
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$540,913
Current Approval
$540,913
Forgiveness Amount
$544,484
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Herndon Electric, Inc.
Address
221 W Carroll St
City
Dothan
State
Alabama
ZIP Code
36301-4331
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$16.1M
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Payroll
$527,243
Rent
$10,000
Utilities
$1,670
Health Care
$2,000

Lender Information

Servicing Lender
Troy Bank & Trust Company
Originating Lender
Troy Bank & Trust Company

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