A & B ELECTRIC CO. INC. (MS) - 2020 PPP Loan Borrower Profile (# 9423718604)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A & B ELECTRIC CO. INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Mississippi.

Loan Detail

Loan Number

9423718604

SBA Office Code

0470

Processing Method

PPS

Curent Loan Amount

$1,245,840

Date Loan was Approved

Mar 26, 2021

Amount Forgiven

$1,255,363

Date Loan was Forgiven

Jan 6, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,245,835

Lender

Great Southern Bank

Business Detail

Business Type

Corporation

NAICS

238210

Borrower Location

Meridian, MS

Project Location

Meridian, MS

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.