PPP Loan information for Ertel construction inc.

$775,200

Ertel construction inc. was initially approved for PPP Loan of amount $775,200, the current approved amount is $775,200. The loan was approved on 04/29/2020 by The First-Citizens Bank & Trust Company reported 55 jobs and $775,200 was used to fund payroll.

Ertel construction inc. is New Business or 2 years or less

ERTEL CONSTRUCTION INC.

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ERTEL CONSTRUCTION INC.

Borrower Address

PO Box 19069

Borrower City

CHARLOTTE

Borrower State

NC

Borrower Zip

28219

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

775200.00

Current Approval Amount

775200.00

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

CHARLOTTE

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28219-0001

CD

NC-14

Jobs Reported

55

NAICS Code

237130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

775200.00

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

Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

785521.84

Forgiveness Date

08/31/2021

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