PPP Loan information for Current electric company

$53,700

Current electric company was initially approved for PPP Loan of amount $53,700, the current approved amount is $53,700. The loan was approved on 04/14/2020 by The Truist Bank reported 10 jobs and $53,700 was used to fund payroll.

Current electric company is New Business or 2 years or less

PPP Loan Search / NC / OCEAN ISLE BEACH / Current electric company

CURRENT ELECTRIC COMPANY

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CURRENT ELECTRIC COMPANY

Borrower Address

1515 EYOTA DR

Borrower City

OCEAN ISLE BEACH

Borrower State

NC

Borrower Zip

28469-6001

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53700.00

Current Approval Amount

53700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

OCEAN ISLE BEACH

Project County Name

BRUNSWICK

Project State

NC

Project Zip

28469-6001

CD

NC-07

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53700.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54413.02

Forgiveness Date

08/12/2021

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