PPP Loan information for Electrical contracting services inc

$116,158

Electrical contracting services inc was initially approved for PPP Loan of amount $116,158, the current approved amount is $116,158. The loan was approved on 02/25/2021 by The Peoples Bank reported 10 jobs and $116,158 was used to fund payroll.

Electrical contracting services inc is Existing or more than 2 years old

PPP Loan Search / NC / Belmont / Electrical contracting services inc

ELECTRICAL CONTRACTING SERVICES INC

Date Approved

02/25/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

ELECTRICAL CONTRACTING SERVICES INC

Borrower Address

4609 S New Hope Rd

Borrower City

Belmont

Borrower State

NC

Borrower Zip

28012-8751

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

116158.00

Current Approval Amount

116158.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Belmont

Project County Name

GASTON

Project State

NC

Project Zip

28012-8751

CD

NC-14

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

116156.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

116848.49

Forgiveness Date

10/06/2021

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