Bagby & Russell Electric Co., Inc.
$2,027,500 PPP Loan in Theodore, Alabama
Loan Details
- Loan Number
- 6531437110
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,027,500
- Current Approval
- $2,027,500
- Forgiveness Amount
- $2,052,168
- Forgiveness Date
- Jun 29, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Bagby & Russell Electric Co., Inc.
- Address
- 5500 Plantation Rd
- City
- Theodore
- State
- Alabama
- ZIP Code
- 36582-1702
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 151
- Estimated Revenue
- $49.7M
- Rural/Urban
- Urban
- Congressional District
- AL-01
Loan Use Breakdown
- Payroll
- $1,989,200
- Rent
- $33,000
- Utilities
- $5,300
Lender Information
- Servicing Lender
- Hancock Whitney Bank
- Originating Lender
- Hancock Whitney Bank
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| Industry Services Co., Inc. | $4,656,600 |  Research |
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