PPP Loan information for Magette well & pump company inc

$124,100

Magette well & pump company inc was initially approved for PPP Loan of amount $124,100, the current approved amount is $124,100. The loan was approved on 04/09/2020 by The Southern Bank and Trust Company reported 10 jobs and $124,100 was used to fund payroll.

Magette well & pump company inc is Existing or more than 2 years old

PPP Loan Search / NC / AHOSKIE / Magette well & pump company inc

MAGETTE WELL & PUMP COMPANY INC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MAGETTE WELL & PUMP COMPANY INC

Borrower Address

2342 US HIGHWAY 13 S

Borrower City

AHOSKIE

Borrower State

NC

Borrower Zip

27910-9483

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124100.00

Current Approval Amount

124100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AHOSKIE

Project County Name

HERTFORD

Project State

NC

Project Zip

27910-9483

CD

NC-01

Jobs Reported

10

NAICS Code

221320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

124100.00

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

Subchapter S Corporation

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

125182.43

Forgiveness Date

02/25/2021

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