PPP Loan information for Erc parts inc.

$398,982

Erc parts inc. was initially approved for PPP Loan of amount $398,982, the current approved amount is $398,982. The loan was approved on 02/12/2021 by The ServisFirst Bank reported 33 jobs and $398,982 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

02/12/2021

SBA Office Code

0405

Processing Method

PPS

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

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

398982.00

Current Approval Amount

398982.00

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

33

NAICS Code

423430

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

398982.00

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

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

401564.30

Forgiveness Date

10/08/2021

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