PPP Loan information for Best electric of burlington inc

$58,361

Best electric of burlington inc was initially approved for PPP Loan of amount $60,800, the current approved amount is $58,361. The loan was approved on 05/12/2020 by The Truist Bank reported 4 jobs and $58,361 was used to fund payroll.

Best electric of burlington inc is Unanswered

PPP Loan Search / NC / ELON / Best electric of burlington inc

BEST ELECTRIC OF BURLINGTON INC

Date Approved

05/12/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BEST ELECTRIC OF BURLINGTON INC

Borrower Address

1541 Gibsonville-Ossip

Borrower City

ELON

Borrower State

NC

Borrower Zip

27244-7543

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60800.00

Current Approval Amount

58360.91

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

ELON

Project County Name

ALAMANCE

Project State

NC

Project Zip

27244-7543

CD

NC-04

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58360.91

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

Corporation

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

58939.66

Forgiveness Date

05/20/2021

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