PPP Loan information for Carolina electrical inc

$90,000

Carolina electrical inc was initially approved for PPP Loan of amount $90,000, the current approved amount is $90,000. The loan was approved on 02/26/2021 by The Truist Bank reported 5 jobs and $90,000 was used to fund payroll.

Carolina electrical inc is Existing or more than 2 years old

PPP Loan Search / NC / Midland / Carolina electrical inc

CAROLINA ELECTRICAL INC

Date Approved

02/26/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CAROLINA ELECTRICAL INC

Borrower Address

12920 Highway 601

Borrower City

Midland

Borrower State

NC

Borrower Zip

28107-9452

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

90000.00

Current Approval Amount

90000.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

CABARRUS

Project State

NC

Project Zip

28107-9452

CD

NC-08

Jobs Reported

5

NAICS Code

541380

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

90930.00

Forgiveness Date

03/16/2022

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