PPP Loan information for Electrical supply and equipment company

$1,350,000

Electrical supply and equipment company was initially approved for PPP Loan of amount $1,350,000, the current approved amount is $1,350,000. The loan was approved on 04/07/2020 by The Triad Business Bank reported 93 jobs and $1,350,000 was used to fund payroll.

Electrical supply and equipment company is Existing or more than 2 years old

ELECTRICAL SUPPLY AND EQUIPMENT COMPANY

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ELECTRICAL SUPPLY AND EQUIPMENT COMPANY

Borrower Address

18112 East Wendover Avenue

Borrower City

GREENSBORO

Borrower State

NC

Borrower Zip

27405-6841

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1350000.00

Current Approval Amount

1350000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

528466

Servicing Lender Name

Triad Business Bank

Servicing Lender Address

1501 Highwoods Blvd, Ste 103

Servicing Lender City

GREENSBORO

Servicing Lender State

NC

Servicing Lender Zip

27410-2051

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GREENSBORO

Project County Name

GUILFORD

Project State

NC

Project Zip

27405-6841

CD

NC-06

Jobs Reported

93

NAICS Code

335311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1350000.00

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

528466

Originating Lender

Triad Business Bank

Originating Lender City

GREENSBORO

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1361250.00

Forgiveness Date

02/11/2021

;