PPP Loan information for Carr electrical technology inc

$1,561,883

Carr electrical technology inc was initially approved for PPP Loan of amount $1,561,883, the current approved amount is $1,561,883. The loan was approved on 03/30/2021 by The SouthState Bank, National Association reported 98 jobs and $1,561,883 was used to fund payroll.

Carr electrical technology inc is Existing or more than 2 years old

PPP Loan Search / VA / Newport News / Carr electrical technology inc

CARR ELECTRICAL TECHNOLOGY INC

Date Approved

03/30/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

CARR ELECTRICAL TECHNOLOGY INC

Borrower Address

4812 Mercantile Dr N/A

Borrower City

Newport News

Borrower State

VA

Borrower Zip

23607-2232

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1561883.00

Current Approval Amount

1561883.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117723

Servicing Lender Name

SouthState Bank, National Association

Servicing Lender Address

1101 First St South

Servicing Lender City

WINTER HAVEN

Servicing Lender State

FL

Servicing Lender Zip

33880-3908

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newport News

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23607-2232

CD

VA-03

Jobs Reported

98

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1561881.00

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

117723

Originating Lender

SouthState Bank, National Association

Originating Lender City

WINTER HAVEN

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1574898.69

Forgiveness Date

02/03/2022

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