# PPP loan: TRI-STATE UTILITY CONTRACTORS, INC.
> **$311K** approved 04/28/2020 · Paid in Full · Loan `1587527305`
## Borrower
- **Name:** TRI-STATE UTILITY CONTRACTORS, INC.
- **Address:** 569 SERVICE DR, COLDWATER, MS, 38618-8902
- **NAICS:** 237110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $311K
- **Initial approval:** $311K
- **Forgiven:** $312K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $275K
- **Rent:** $6K
- **Utilities:** $5K
- **Health care:** $20K
- **Debt interest:** $5K
- **Jobs reported:** 28
## Lender
- **Originating:** BankPlus
- **Servicing:** BankPlus (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*