Date Approved
04/28/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
KR CAVENAUGH ELECTRIC, INC.
Borrower Address
109 Northeast Rd
Borrower City
Wallace
Borrower State
NC
Borrower Zip
28466
Loan Status Date
04/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
399200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
455644
Servicing Lender Name
Live Oak Banking Company
Servicing Lender Address
1741 Tiburon Dr
Servicing Lender City
WILMINGTON
Servicing Lender State
Servicing Lender Zip
28403-6244
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DUPLIN
Project State
Project Zip
28466-0001
CD
NC-03
Jobs Reported
35
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
402590.47
Forgiveness Date
03/08/2021