PPP Loan information for Ertel construction inc.

$699,900

Ertel construction inc. was initially approved for PPP Loan of amount $699,900, the current approved amount is $699,900. The loan was approved on 02/11/2021 by The First-Citizens Bank & Trust Company reported 107 jobs and $699,900 was used to fund payroll.

Ertel construction inc. is Existing or more than 2 years old

ERTEL CONSTRUCTION INC.

Date Approved

02/11/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

ERTEL CONSTRUCTION INC.

Borrower Address

2506 Eatonton St

Borrower City

Charlotte

Borrower State

NC

Borrower Zip

28208-5491

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

699900.00

Current Approval Amount

699900.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Charlotte

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28208-5491

CD

NC-12

Jobs Reported

107

NAICS Code

237130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

699896.00

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

704693.84

Forgiveness Date

10/26/2021

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