PPP Loan information for Cdc electric inc

$89,300

Cdc electric inc was initially approved for PPP Loan of amount $89,300, the current approved amount is $89,300. The loan was approved on 04/30/2020 by The First-Citizens Bank & Trust Company reported 10 jobs and $89,300 was used to fund payroll.

Cdc electric inc is New Business or 2 years or less

CDC ELECTRIC INC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CDC ELECTRIC INC

Borrower Address

218 BARHAM RD

Borrower City

REIDSVILLE

Borrower State

NC

Borrower Zip

27320-7473

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89300.00

Current Approval Amount

89300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

REIDSVILLE

Project County Name

ROCKINGHAM

Project State

NC

Project Zip

27320-7473

CD

NC-06

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

89300.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

90087.80

Forgiveness Date

03/26/2021

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