ANEL CORPORATION (MS) - 2020 PPP Loan Borrower Profile (# 7878027109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANEL CORPORATION. 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

7878027109

SBA Office Code

0470

Processing Method

PPP

Curent Loan Amount

$1,359,500

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$1,366,912.07

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

176,300

Payroll Proced

1,117,900

Health Care Proceed

65,300

Lender

Community Bank of Mississippi

Business Detail

Business Type

Corporation

NAICS

336211

Borrower Location

BAY SPRINGS, MS

Project Location

BAY SPRINGS, MS

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

114

Business Age Description

Existing or more than 2 years old

Data Source: SBA.