PPP Loan information for Long electric inc

$41,705

Long electric inc was initially approved for PPP Loan of amount $41,705, the current approved amount is $41,705. The loan was approved on 03/26/2021 by The Truist Bank reported 5 jobs and $41,705 was used to fund payroll.

Long electric inc is Existing or more than 2 years old

PPP Loan Search / NC / Ocean Isle Beach / Long electric inc

LONG ELECTRIC INC

Date Approved

03/26/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

LONG ELECTRIC INC

Borrower Address

300 Green Bay Rd

Borrower City

Ocean Isle Beach

Borrower State

NC

Borrower Zip

28469

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41705.00

Current Approval Amount

41705.00

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

Ocean Isle Beach

Project County Name

BRUNSWICK

Project State

NC

Project Zip

28469

CD

NC-07

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41705.00

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

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

41893.83

Forgiveness Date

09/10/2021

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