PPP Loan information for Erc parts, inc

$373,500

Erc parts, inc was initially approved for PPP Loan of amount $373,500, the current approved amount is $373,500. The loan was approved on 04/06/2020 by The ServisFirst Bank reported 31 jobs and $373,500 was used to fund payroll.

Erc parts, inc is Existing or more than 2 years old

PPP Loan Search / GA / KENNESAW / Erc parts, inc

ERC PARTS, INC

Date Approved

04/06/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ERC PARTS, INC

Borrower Address

4001 Cobb International Blvd NW

Borrower City

KENNESAW

Borrower State

GA

Borrower Zip

30152-4374

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

373500.00

Current Approval Amount

373500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KENNESAW

Project County Name

COBB

Project State

GA

Project Zip

30152-4374

CD

GA-11

Jobs Reported

31

NAICS Code

423690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

346700.00

Mortgage Interest Proceed

0.00

Rent Proceed

10700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

14600

Business Type

Subchapter S Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

376716.25

Forgiveness Date

02/18/2021

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