PPP Loan information for High country electric motor repair, inc

$40,075

High country electric motor repair, inc was initially approved for PPP Loan of amount $40,075, the current approved amount is $40,075. The loan was approved on 04/30/2020 by The Cross River Bank reported 3 jobs and $40,075 was used to fund payroll.

High country electric motor repair, inc is Unanswered

PPP Loan Search / NC / NORTH WILKESBORO / High country electric motor repair, inc

HIGH COUNTRY ELECTRIC MOTOR REPAIR, INC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

HIGH COUNTRY ELECTRIC MOTOR REPAIR, INC

Borrower Address

1268 SUNCREST ORCHARD RD

Borrower City

NORTH WILKESBORO

Borrower State

NC

Borrower Zip

28659-9461

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40075.00

Current Approval Amount

40075.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

NORTH WILKESBORO

Project County Name

WILKES

Project State

NC

Project Zip

28659-9461

CD

NC-05

Jobs Reported

3

NAICS Code

423690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40075.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

40636.05

Forgiveness Date

10/04/2021

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