PPP Loan information for Carter electric inc

$300,157

Carter electric inc was initially approved for PPP Loan of amount $300,157, the current approved amount is $300,157. The loan was approved on 04/27/2020 by The Mechanics Bank reported 29 jobs and $300,157 was used to fund payroll.

Carter electric inc is Existing or more than 2 years old

PPP Loan Search / OH / GALION / Carter electric inc

CARTER ELECTRIC INC

Date Approved

04/27/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

CARTER ELECTRIC INC

Borrower Address

844 Edwards Street

Borrower City

GALION

Borrower State

OH

Borrower Zip

44833-2225

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300157.00

Current Approval Amount

300157.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81184

Servicing Lender Name

Mechanics Bank

Servicing Lender Address

2 S Main St

Servicing Lender City

MANSFIELD

Servicing Lender State

OH

Servicing Lender Zip

44902-2931

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GALION

Project County Name

CRAWFORD

Project State

OH

Project Zip

44833-2225

CD

OH-05

Jobs Reported

29

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1918.00

Payroll Proceed

292239.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

81184

Originating Lender

Mechanics Bank

Originating Lender City

MANSFIELD

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

302878.97

Forgiveness Date

04/01/2021

;