PPP Loan information for Best electrical supply inc

$51,300

Best electrical supply inc was initially approved for PPP Loan of amount $51,300, the current approved amount is $51,300. The loan was approved on 04/13/2020 by The Truist Bank reported 5 jobs and $51,300 was used to fund payroll.

Best electrical supply inc is Existing or more than 2 years old

PPP Loan Search / NC / ROCKINGHAM / Best electrical supply inc

BEST ELECTRICAL SUPPLY INC

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BEST ELECTRICAL SUPPLY INC

Borrower Address

101 MILL RD

Borrower City

ROCKINGHAM

Borrower State

NC

Borrower Zip

28379-4247

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51300.00

Current Approval Amount

51300.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKINGHAM

Project County Name

RICHMOND

Project State

NC

Project Zip

28379-4247

CD

NC-08

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

51300.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

51801.60

Forgiveness Date

04/23/2021

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