PPP Loan information for Kwik electric motor sales & service inc

$93,749

Kwik electric motor sales & service inc was initially approved for PPP Loan of amount $93,500, the current approved amount is $93,749. The loan was approved on 04/13/2020 by The Truist Bank reported 9 jobs and $93,749 was used to fund payroll.

Kwik electric motor sales & service inc is Existing or more than 2 years old

PPP Loan Search / NC / ELIZABETH CITY / Kwik electric motor sales & service inc

KWIK ELECTRIC MOTOR SALES & SERVICE INC

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

KWIK ELECTRIC MOTOR SALES & SERVICE INC

Borrower Address

511 WITHERSPOON ST

Borrower City

ELIZABETH CITY

Borrower State

NC

Borrower Zip

27909-5265

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93500.00

Current Approval Amount

93749.31

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELIZABETH CITY

Project County Name

PASQUOTANK

Project State

NC

Project Zip

27909-5265

CD

NC-01

Jobs Reported

9

NAICS Code

336390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

93749.31

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

94585.24

Forgiveness Date

03/23/2021

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