PPP Loan information for Hi-lite electric inc.

$87,250

Hi-lite electric inc. was initially approved for PPP Loan of amount $87,250, the current approved amount is $87,250. The loan was approved on 01/27/2021 by The First National Bank of Pennsylvania reported 7 jobs and $87,250 was used to fund payroll.

Hi-lite electric inc. is Existing or more than 2 years old

HI-LITE ELECTRIC INC.

Date Approved

01/27/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

HI-LITE ELECTRIC INC.

Borrower Address

7960 Chapel Hill Rd

Borrower City

Cary

Borrower State

NC

Borrower Zip

27513-4162

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87250.00

Current Approval Amount

87250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cary

Project County Name

WAKE

Project State

NC

Project Zip

27513-4162

CD

NC-02

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

87248.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87606.27

Forgiveness Date

06/29/2021

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