PPP Loan information for Electrical power products incorporated

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ELECTRICAL POWER PRODUCTS INCORPORATED

Borrower Address

3300 SQUIRREL CHASE DR

Borrower City

SUMMERFIELD

Borrower State

NC

Borrower Zip

27358-9400

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48600.00

Current Approval Amount

48600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SUMMERFIELD

Project County Name

GUILFORD

Project State

NC

Project Zip

27358-9400

CD

NC-06

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48600.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49060.70

Forgiveness Date

04/23/2021