PPP Loan information for Electric motor and repair, inc.

$223,107

Electric motor and repair, inc. was initially approved for PPP Loan of amount $223,107, the current approved amount is $223,107. The loan was approved on 04/10/2020 by The Business Development Corporation of South Carolina reported 14 jobs and $223,107 was used to fund payroll.

Electric motor and repair, inc. is Startup, Loan Funds will Open Business

PPP Loan Search / SC / West Columbia / Electric motor and repair, inc.

ELECTRIC MOTOR AND REPAIR, INC.

Date Approved

04/10/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

ELECTRIC MOTOR AND REPAIR, INC.

Borrower Address

125 Huckabee Rd

Borrower City

West Columbia

Borrower State

SC

Borrower Zip

29169-5115

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

223107.00

Current Approval Amount

223107.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188517

Servicing Lender Name

Business Development Corporation of South Carolina

Servicing Lender Address

111 Executive Center Drive Suite 225

Servicing Lender City

Columbia

Servicing Lender State

SC

Servicing Lender Zip

29210

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Startup, Loan Funds will Open Business

Project City

West Columbia

Project County Name

LEXINGTON

Project State

SC

Project Zip

29169-5115

CD

SC-02

Jobs Reported

14

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

223107.00

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

188517

Originating Lender

Business Development Corporation of South Carolina

Originating Lender City

Columbia

Originating Lender State

SC

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

224606.77

Forgiveness Date

12/21/2020

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