Monroe Electric Company INC

$23,370 PPP Loan in Pelham, Alabama

Loan Details

Loan Number
9087967003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$23,370
Current Approval
$23,370
Forgiveness Amount
$23,670
Forgiveness Date
Aug 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Monroe Electric Company INC
Address
55 Monroe Dr
City
Pelham
State
Alabama
ZIP Code
35124-6152
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
AL-06

Loan Use Breakdown

Payroll
$18,696
Rent
$1,558
Utilities
$1,558
Mortgage Interest
$1,558

Lender Information

Servicing Lender
First Financial Bank
Originating Lender
First Financial Bank

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