PPP Loan information for Electrical power products incorporated

$57,500

Electrical power products incorporated was initially approved for PPP Loan of amount $57,500, the current approved amount is $57,500. The loan was approved on 04/27/2021 by The First-Citizens Bank & Trust Company reported 3 jobs and $57,500 was used to fund payroll.

Electrical power products incorporated is Existing or more than 2 years old

PPP Loan Search / NC / Summerfield / Electrical power products incorporated

ELECTRICAL POWER PRODUCTS INCORPORATED

Date Approved

04/27/2021

SBA Office Code

0460

Processing Method

PPS

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

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

57500.00

Current Approval Amount

57500.00

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

Existing or more than 2 years old

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

57499.00

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

57783.56

Forgiveness Date

10/27/2021

;