PPP Loan information for Carolina electrical, inc.

$70,300

Carolina electrical, inc. was initially approved for PPP Loan of amount $70,300, the current approved amount is $70,300. The loan was approved on 04/30/2020 by The Truist Bank reported 6 jobs and $70,300 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

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CAROLINA ELECTRICAL, INC.

Borrower Address

12920 Highway 601 South

Borrower City

MIDLAND

Borrower State

NC

Borrower Zip

28107-9452

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70300.00

Current Approval Amount

70300.00

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

6

NAICS Code

541380

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70300.00

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

71086.97

Forgiveness Date

06/16/2021

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