PPP Loan information for Cms electric inc

$41,654

Cms electric inc was initially approved for PPP Loan of amount $41,654, the current approved amount is $41,654. The loan was approved on 03/24/2021 by The The Fidelity Bank reported 5 jobs and $41,654 was used to fund payroll.

Cms electric inc is Existing or more than 2 years old

CMS ELECTRIC INC

Date Approved

03/24/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CMS ELECTRIC INC

Borrower Address

414 John Winstead Rd

Borrower City

Louisburg

Borrower State

NC

Borrower Zip

27549-7620

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41654.00

Current Approval Amount

41654.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Louisburg

Project County Name

FRANKLIN

Project State

NC

Project Zip

27549-7620

CD

NC-01

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41654.00

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

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41812.52

Forgiveness Date

08/10/2021

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