PPP Loan information for Electric motors sales & service llc

$41,782

Electric motors sales & service llc was initially approved for PPP Loan of amount $41,782, the current approved amount is $41,782. The loan was approved on 04/08/2020 by The The Citizens Bank reported 5 jobs and $41,782 was used to fund payroll.

Electric motors sales & service llc is New Business or 2 years or less

PPP Loan Search / SC / SUMTER / Electric motors sales & service llc

ELECTRIC MOTORS SALES & SERVICE LLC

Date Approved

04/08/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

ELECTRIC MOTORS SALES & SERVICE LLC

Borrower Address

738 E LIBERTY ST

Borrower City

SUMTER

Borrower State

SC

Borrower Zip

29153-5046

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41782.00

Current Approval Amount

41782.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66268

Servicing Lender Name

The Citizens Bank

Servicing Lender Address

124 E Main St

Servicing Lender City

OLANTA

Servicing Lender State

SC

Servicing Lender Zip

29114

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SUMTER

Project County Name

SUMTER

Project State

SC

Project Zip

29153-5046

CD

SC-06

Jobs Reported

5

NAICS Code

335999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41782.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

66268

Originating Lender

The Citizens Bank

Originating Lender City

OLANTA

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

42072.15

Forgiveness Date

12/28/2020

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