# PPP loan: FARMER ELECTRICAL SERVICE CO. INC
> **$155K** approved 01/27/2021 · Charged Off · Loan `6645818307`
## Borrower
- **Name:** FARMER ELECTRICAL SERVICE CO. INC
- **Address:** 57 Southwind Rd, Natchez, MS, 39120-8724
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $73K (47%)
- **Forgiveness date:** 07/13/2022
- **Status:** Charged Off
- **Term:** 38 months
## Use of funds
- **Payroll:** $155K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Concordia Bank & Trust Company
- **Servicing:** Concordia Bank & Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*