PPP Loan information for Electrical apparatus & machine co.

$140,177

Electrical apparatus & machine co. was initially approved for PPP Loan of amount $140,177, the current approved amount is $140,177. The loan was approved on 01/20/2021 by The Bank of America, National Association reported 7 jobs and $140,177 was used to fund payroll.

Electrical apparatus & machine co. is Existing or more than 2 years old

PPP Loan Search / NC / Gastonia / Electrical apparatus & machine co.

ELECTRICAL APPARATUS & MACHINE CO.

Date Approved

01/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

ELECTRICAL APPARATUS & MACHINE CO.

Borrower Address

5619 Gallagher Dr

Borrower City

Gastonia

Borrower State

NC

Borrower Zip

28052-8702

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

140177.00

Current Approval Amount

140177.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gastonia

Project County Name

GASTON

Project State

NC

Project Zip

28052-8702

CD

NC-14

Jobs Reported

7

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

140173.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

141025.74

Forgiveness Date

09/01/2021

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