ALL SOUTH ELECTRIC, INC (MS) - 2020 PPP Loan Borrower Profile (# 5501147100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALL SOUTH ELECTRIC, 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

5501147100

SBA Office Code

0470

Processing Method

PPP

Curent Loan Amount

$304,800

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$308,161.27

Date Loan was Forgiven

May 18, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

304,800

Lender

Hancock Whitney Bank

Business Detail

Business Type

Corporation

NAICS

238210

Borrower Location

LONG BEACH, MS

Project Location

LONG BEACH, MS

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.