PPP Loan information for Duncan electric corporation

$150,960

Duncan electric corporation was initially approved for PPP Loan of amount $150,960, the current approved amount is $150,960. The loan was approved on 04/29/2020 by The Skyline National Bank reported 17 jobs and $150,960 was used to fund payroll.

Duncan electric corporation is Existing or more than 2 years old

DUNCAN ELECTRIC CORPORATION

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DUNCAN ELECTRIC CORPORATION

Borrower Address

1415 WILLOW LN

Borrower City

NORTH WILKESBORO

Borrower State

NC

Borrower Zip

28659-3551

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150960.00

Current Approval Amount

150960.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73473

Servicing Lender Name

Skyline National Bank

Servicing Lender Address

113 W Main St

Servicing Lender City

INDEPENDENCE

Servicing Lender State

VA

Servicing Lender Zip

24348

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH WILKESBORO

Project County Name

WILKES

Project State

NC

Project Zip

28659-3551

CD

NC-05

Jobs Reported

17

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

37740.00

Payroll Proceed

113220.00

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

73473

Originating Lender

Skyline National Bank

Originating Lender City

INDEPENDENCE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

152726.03

Forgiveness Date

07/08/2021

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