PPP Loan information for Atlantic electric

$58,105

Atlantic electric was initially approved for PPP Loan of amount $58,560, the current approved amount is $58,105. The loan was approved on 05/01/2020 by The Truist Bank reported 3 jobs and $58,105 was used to fund payroll.

Atlantic electric is Existing or more than 2 years old

PPP Loan Search / NC / Supply / Atlantic electric

ATLANTIC ELECTRIC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ATLANTIC ELECTRIC

Borrower Address

2011 Elk Road SW

Borrower City

Supply

Borrower State

NC

Borrower Zip

28462

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58560.00

Current Approval Amount

58105.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Supply

Project County Name

BRUNSWICK

Project State

NC

Project Zip

28462-0001

CD

NC-07

Jobs Reported

3

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58105.10

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58602.22

Forgiveness Date

03/24/2021

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