PPP Loan information for Burgaw electric inc.

$69,500

Burgaw electric inc. was initially approved for PPP Loan of amount $69,500, the current approved amount is $69,500. The loan was approved on 04/15/2021 by The First-Citizens Bank & Trust Company reported 12 jobs and $69,500 was used to fund payroll.

Burgaw electric inc. is Existing or more than 2 years old

PPP Loan Search / NC / Burgaw / Burgaw electric inc.

BURGAW ELECTRIC INC.

Date Approved

04/15/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BURGAW ELECTRIC INC.

Borrower Address

307 W Wilmington St

Borrower City

Burgaw

Borrower State

NC

Borrower Zip

28425-5573

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

69500.00

Current Approval Amount

69500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Burgaw

Project County Name

PENDER

Project State

NC

Project Zip

28425-5573

CD

NC-07

Jobs Reported

12

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

69499.00

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

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69856.07

Forgiveness Date

10/26/2021

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