Whitfield Electric Company

$926,100 PPP Loan in Hernando, Mississippi

Loan Details

Loan Number
8508397003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$926,100
Current Approval
$926,100
Forgiveness Amount
$931,477
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Whitfield Electric Company
Address
222 Kapik Industrial Rd
ZIP Code
38632-8527
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
85
Estimated Revenue
$28.0M
Rural/Urban
Urban
Congressional District
MS-01

Loan Use Breakdown

Payroll
$845,500
Rent
$31,200
Utilities
$4,600
Health Care
$40,200
Debt Interest
$4,600

Lender Information

Servicing Lender
Bankplus
Originating Lender
Bankplus

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