PPP Loan information for Lowdermilk electric inc

$108,700

Lowdermilk electric inc was initially approved for PPP Loan of amount $108,700, the current approved amount is $108,700. The loan was approved on 04/11/2020 by The Truist Bank reported 16 jobs and $108,700 was used to fund payroll.

Lowdermilk electric inc is Existing or more than 2 years old

LOWDERMILK ELECTRIC INC

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LOWDERMILK ELECTRIC INC

Borrower Address

2400 E BESSEMER AVE STE D

Borrower City

GREENSBORO

Borrower State

NC

Borrower Zip

27405-7375

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108700.00

Current Approval Amount

108700.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GREENSBORO

Project County Name

GUILFORD

Project State

NC

Project Zip

27405-7375

CD

NC-06

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

108700.00

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

109717.55

Forgiveness Date

03/25/2021

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