PPP Loan information for M & m electric service inc

$374,700

M & m electric service inc was initially approved for PPP Loan of amount $374,700, the current approved amount is $374,700. The loan was approved on 04/08/2020 by The The Fidelity Bank reported 28 jobs and $374,700 was used to fund payroll.

M & m electric service inc is Existing or more than 2 years old

PPP Loan Search / NC / GASTONIA / M & m electric service inc

M & M ELECTRIC SERVICE INC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

M & M ELECTRIC SERVICE INC

Borrower Address

1680 GARFIELD DR

Borrower City

GASTONIA

Borrower State

NC

Borrower Zip

28052-8403

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

374700.00

Current Approval Amount

374700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GASTONIA

Project County Name

GASTON

Project State

NC

Project Zip

28052-8403

CD

NC-14

Jobs Reported

28

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

374700.00

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

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

376875.34

Forgiveness Date

11/05/2020

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