PPP Loan information for Canipe and lynn electric motor repair inc

$64,625

Canipe and lynn electric motor repair inc was initially approved for PPP Loan of amount $64,625, the current approved amount is $64,625. The loan was approved on 02/12/2021 by The First Horizon Bank reported 8 jobs and $64,625 was used to fund payroll.

Canipe and lynn electric motor repair inc is Existing or more than 2 years old

PPP Loan Search / NC / Hickory / Canipe and lynn electric motor repair inc

CANIPE AND LYNN ELECTRIC MOTOR REPAIR INC

Date Approved

02/12/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CANIPE AND LYNN ELECTRIC MOTOR REPAIR INC

Borrower Address

1909 1st Ave SW

Borrower City

Hickory

Borrower State

NC

Borrower Zip

28602-2224

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

64625.00

Current Approval Amount

64625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hickory

Project County Name

CATAWBA

Project State

NC

Project Zip

28602-2224

CD

NC-10

Jobs Reported

8

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

64625.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

65068.40

Forgiveness Date

10/26/2021

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