PPP borrower record
BAGBY & RUSSELL ELECTRIC CO., INC. PPP loan record
Public SBA PPP loan record for BAGBY & RUSSELL ELECTRIC CO., INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$2,027,500
Approved amount
$2,052,168
Forgiven amount
2020-04-14
Date approved
Borrower and loan details
Borrower
BAGBY & RUSSELL ELECTRIC CO., INC.
Loan number
6531437110
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Theodore
Borrower state
Alabama
Borrower ZIP
36582
Jobs reported
151
Loan status
Exemption 4
Forgiveness date
2021-06-29
Servicing lender
Hancock Whitney Bank
Originating lender
Hancock Whitney Bank
Reported use of proceeds
Payroll
$1,989,200
Rent
$33,000
Utilities
$5,300
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.