PPP Loan information for Maynard electric company, llc.

$508,935

Maynard electric company, llc. was initially approved for PPP Loan of amount $508,935, the current approved amount is $508,935. The loan was approved on 04/30/2020 by The Truist Bank reported 42 jobs and $508,935 was used to fund payroll.

Maynard electric company, llc. is Existing or more than 2 years old

PPP Loan Search / NC / MORGANTON / Maynard electric company, llc.

MAYNARD ELECTRIC COMPANY, LLC.

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MAYNARD ELECTRIC COMPANY, LLC.

Borrower Address

1496 MOUNTAIN MEADOWS DR

Borrower City

MORGANTON

Borrower State

NC

Borrower Zip

28655-6659

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

508935.00

Current Approval Amount

508934.54

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

MORGANTON

Project County Name

BURKE

Project State

NC

Project Zip

28655-6659

CD

NC-10

Jobs Reported

42

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

508934.54

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

512610.18

Forgiveness Date

01/25/2021

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