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 04/13/2020 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

CARR ELECTRICAL TECHNOLOGY, INC.

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CARR ELECTRICAL TECHNOLOGY, INC.

Borrower Address

4812 MERCANTILE DR

Borrower City

NEWPORT NEWS

Borrower State

VA

Borrower Zip

23607-2232

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1561882.50

Current Approval Amount

1561882.50

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

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1561882.50

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

1578065.34

Forgiveness Date

05/05/2021

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