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  5. PALMER ELECTRIC, INC.

PALMER ELECTRIC, INC.

Company Details

Name: PALMER ELECTRIC, INC.
Jurisdiction: MISSISSIPPI
Business Type: Profit Corporation
Status: Good Standing
Effective Date: 06 Apr 1984 (41 years ago)
Business ID: 515451
ZIP code: 39465
County: Forrest
State of Incorporation: MISSISSIPPI
Principal Office Address: 216 McInnis Street, PO Box 525Petal, MS 39465

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
PALMER ELECTRIC, INC. 401(K) PLAN 2023 640686154 2024-08-08 PALMER ELECTRIC, INC. 14
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2012-05-01
Business code 238210
Sponsor’s telephone number 6015848977
Plan sponsor’s address POST OFFICE BOX 525, PETAL, MS, 39465

Signature of
Role Plan administrator
Date 2024-08-08
Name of individual signing R. MILTON PALMER
Valid signature Filed with authorized/valid electronic signature
PALMER ELECTRIC, INC. 401(K) PLAN 2022 640686154 2023-11-14 PALMER ELECTRIC, INC. 13
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2012-05-01
Business code 238210
Sponsor’s telephone number 6015848977
Plan sponsor’s address POST OFFICE BOX 525, PETAL, MS, 39465

Signature of
Role Plan administrator
Date 2023-11-13
Name of individual signing R. MILTON PALMER
Valid signature Filed with authorized/valid electronic signature
PALMER ELECTRIC, INC. 401(K) PLAN 2021 640686154 2022-11-09 PALMER ELECTRIC, INC. 13
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2012-05-01
Business code 238210
Sponsor’s telephone number 6015848977
Plan sponsor’s address POST OFFICE BOX 525, PETAL, MS, 39465

Signature of
Role Plan administrator
Date 2022-11-09
Name of individual signing R. MILTON PALMER
Valid signature Filed with authorized/valid electronic signature
PALMER ELECTRIC, INC. 401(K) PLAN 2020 640686154 2021-07-20 PALMER ELECTRIC, INC. 14
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2012-05-01
Business code 238210
Sponsor’s telephone number 6015848977
Plan sponsor’s address POST OFFICE BOX 525, PETAL, MS, 39465

Signature of
Role Plan administrator
Date 2021-07-20
Name of individual signing R. MILTON PALMER
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2021-07-20
Name of individual signing R. MILTON PALMER
Valid signature Filed with authorized/valid electronic signature
PALMER ELECTRIC, INC. 401(K) PLAN 2019 640686154 2020-06-23 PALMER ELECTRIC, INC. 15
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2012-05-01
Business code 238210
Sponsor’s telephone number 6015848977
Plan sponsor’s address POST OFFICE BOX 525, PETAL, MS, 39465

Signature of
Role Plan administrator
Date 2020-06-23
Name of individual signing R. MILTON PALMER
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2020-06-23
Name of individual signing R. MILTON PALMER
Valid signature Filed with authorized/valid electronic signature
PALMER ELECTRIC, INC. 401(K) PLAN 2018 640686154 2019-08-22 PALMER ELECTRIC, INC. 14
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2012-05-01
Business code 238210
Sponsor’s telephone number 6015848977
Plan sponsor’s address POST OFFICE BOX 525, PETAL, MS, 39465

Signature of
Role Plan administrator
Date 2019-08-22
Name of individual signing R. MILTON PALMER
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2019-08-22
Name of individual signing R. MILTON PALMER
Valid signature Filed with authorized/valid electronic signature
PALMER ELECTRIC, INC. 401(K) PLAN 2017 640686154 2018-09-04 PALMER ELECTRIC, INC. 15
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2012-05-01
Business code 238210
Sponsor’s telephone number 6015848977
Plan sponsor’s address POST OFFICE BOX 525, PETAL, MS, 39465

Signature of
Role Plan administrator
Date 2018-09-04
Name of individual signing R. MILTON PALMER
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2018-09-04
Name of individual signing R. MILTON PALMER
Valid signature Filed with authorized/valid electronic signature
PALMER ELECTRIC, INC. 401(K) PLAN 2016 640686154 2017-08-24 PALMER ELECTRIC, INC. 15
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2012-05-01
Business code 238210
Sponsor’s telephone number 6015848977
Plan sponsor’s address POST OFFICE BOX 525, PETAL, MS, 39465

Signature of
Role Plan administrator
Date 2017-08-24
Name of individual signing R. MILTON PALMER
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2017-08-24
Name of individual signing R. MILTON PALMER
Valid signature Filed with authorized/valid electronic signature
PALMER ELECTRIC, INC. 401(K) PLAN 2015 640686154 2016-08-23 PALMER ELECTRIC, INC. 13
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2012-05-01
Business code 238210
Sponsor’s telephone number 6015848977
Plan sponsor’s address POST OFFICE BOX 525, PETAL, MS, 39465

Signature of
Role Plan administrator
Date 2016-08-23
Name of individual signing R. MILTON PALMER
Valid signature Filed with authorized/valid electronic signature
PALMER ELECTRIC, INC. 401(K) PLAN 2014 640686154 2015-07-14 PALMER ELECTRIC, INC. 10
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2012-05-01
Business code 238210
Sponsor’s telephone number 6015848977
Plan sponsor’s address POST OFFICE BOX 525, PETAL, MS, 39465

Signature of
Role Plan administrator
Date 2015-07-14
Name of individual signing R. MILTON PALMER
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2014/11/11/20141111074709P030031956143001.pdf
Three-digit plan number (PN) 001
Effective date of plan 2012-05-01
Business code 238210
Sponsor’s telephone number 6015848977
Plan sponsor’s address POST OFFICE BOX 525, PETAL, MS, 39465

Signature of
Role Plan administrator
Date 2014-11-10
Name of individual signing ROBERT PALMER
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2013/06/10/20130610102457P040030962103001.pdf
Three-digit plan number (PN) 001
Effective date of plan 2012-05-01
Business code 238210
Sponsor’s telephone number 6015848977
Plan sponsor’s address POST OFFICE BOX 525, PETAL, MS, 39465

Signature of
Role Plan administrator
Date 2013-06-10
Name of individual signing ROBERT PALMER
Valid signature Filed with authorized/valid electronic signature

Agent

Name Role Address
ROBERT MILTON PALMER JR Agent 20 PALMER DRIVE, PETAL, MS 39465

Director

Name Role Address
Robert Milton Palmer Director 20 Palmer Dr., Po Box 525, Petal, MS 39465
Russell M. Palmer Director 20 Palmer Dr., Po Box 525, Petal, MS 39465
Clay W. Palmer Director 20 Palmer Dr., Po Box 525, Petal, MS 39465

President

Name Role Address
Robert Milton Palmer President 20 Palmer Dr., Po Box 525, Petal, MS 39465

Vice President

Name Role Address
Russell M. Palmer Vice President 20 Palmer Dr., Po Box 525, Petal, MS 39465

Secretary

Name Role Address
Clay W. Palmer Secretary 20 Palmer Dr., Po Box 525, Petal, MS 39465

Treasurer

Name Role Address
Clay W. Palmer Treasurer 20 Palmer Dr., Po Box 525, Petal, MS 39465

Filings

Type Status Filed Date Description
Annual Report Filed 2025-03-31 Annual Report For PALMER ELECTRIC, INC.
Annual Report Filed 2024-02-05 Annual Report For PALMER ELECTRIC, INC.
Annual Report Filed 2023-01-30 Annual Report For PALMER ELECTRIC, INC.
Annual Report Filed 2022-02-10 Annual Report For PALMER ELECTRIC, INC.
Annual Report Filed 2021-01-15 Annual Report For PALMER ELECTRIC, INC.
Annual Report Filed 2020-03-06 Annual Report For PALMER ELECTRIC, INC.
Annual Report Filed 2019-04-04 Annual Report For PALMER ELECTRIC, INC.
Annual Report Filed 2018-07-27 Annual Report For PALMER ELECTRIC, INC.
Annual Report Filed 2017-02-03 Annual Report For PALMER ELECTRIC, INC.
Annual Report Filed 2016-03-28 Annual Report For PALMER ELECTRIC, INC.

USAspending Awards. Contracts

Contract Type Award or IDV Flag PIID Start Date Current End Date Potential End Date
No data IDV GS21F0088W 2010-02-04 No data No data
Unique Award Key CONT_IDV_GS21F0088W_4730
Awarding Agency General Services Administration
Link View Page

Award Amounts
Obligated Amount 0.00
Potential Award Amount 400000.00

Description
Title FEDERAL SUPPLY SCHEDULE CONTRACT
NAICS Code 561210: FACILITIES SUPPORT SERVICES
Product and Service Codes J035: MAINT-REP OF SERVICE & TRADE EQ

Recipient Details
Recipient PALMER ELECTRIC, INC.
UEI UE5LJA2K9L83
Recipient Address 102 OLIVER AVE, HATTIESBURG, FORREST, MISSISSIPPI, 394013340, UNITED STATES

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
5441217105 2020-04-13 0470 PPP 216 MCINNIS ST, PETAL, MS, 39465-2042
Loan Status Date 2021-01-26
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 136675
Loan Approval Amount (current) 136672
Undisbursed Amount 0
Franchise Name -
Lender Location ID 39848
Servicing Lender Name Cadence Bank
Servicing Lender Address 201 S Spring St, TUPELO, MS, 38804-4811
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address PETAL, FORREST, MS, 39465-2042
Project Congressional District MS-04
Number of Employees 12
NAICS code 238210
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 39848
Originating Lender Name Cadence Bank
Originating Lender Address TUPELO, MS
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 137533.79
Forgiveness Paid Date 2020-12-09

Related by officers

ROBERT MILTON PALMER JR

P & R ELECTRIC COMPANY, INC.

Related by address

No related companies by address

Date of last update: 20 Apr 2025

Sources: Mississippi Secretary of State

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