PPP Loan information for Interstate electric company, llc

$641,789

Interstate electric company, llc was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $641,789. The loan was approved on 04/12/2020 by The Pinnacle Bank reported 70 jobs and $641,789 was used to fund payroll.

Interstate electric company, llc is Existing or more than 2 years old

PPP Loan Search / NC / CHARLOTTE / Interstate electric company, llc

INTERSTATE ELECTRIC COMPANY, LLC

Date Approved

04/12/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

INTERSTATE ELECTRIC COMPANY, LLC

Borrower Address

2321 TRYON ST

Borrower City

CHARLOTTE

Borrower State

NC

Borrower Zip

28203

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

641789.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

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

28203-0001

CD

NC-14

Jobs Reported

70

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

641789.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

645692.48

Forgiveness Date

11/27/2020

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