PPP Loan information for Dc motor & controls inc.

$78,890

Dc motor & controls inc. was initially approved for PPP Loan of amount $78,890, the current approved amount is $78,890. The loan was approved on 03/25/2021 by The Pinnacle Bank reported 5 jobs and $78,890 was used to fund payroll.

Dc motor & controls inc. is Existing or more than 2 years old

PPP Loan Search / SC / Roebuck / Dc motor & controls inc.

DC MOTOR & CONTROLS INC.

Date Approved

03/25/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

DC MOTOR & CONTROLS INC.

Borrower Address

4250 S Church Street Ext

Borrower City

Roebuck

Borrower State

SC

Borrower Zip

29376-2912

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78890.00

Current Approval Amount

78890.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Roebuck

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29376-2912

CD

SC-04

Jobs Reported

5

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

78886.00

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

Corporation

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

79307.14

Forgiveness Date

10/06/2021

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