PPP Loan information for Mccarter electrical company

$1,175,862

Mccarter electrical company was initially approved for PPP Loan of amount $1,175,862, the current approved amount is $1,175,862. The loan was approved on 02/24/2021 by The Truist Bank reported 118 jobs and $1,175,862 was used to fund payroll.

Mccarter electrical company is Existing or more than 2 years old

PPP Loan Search / NC / Laurinburg / Mccarter electrical company

MCCARTER ELECTRICAL COMPANY

Date Approved

02/24/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MCCARTER ELECTRICAL COMPANY

Borrower Address

516 Hillside Ave

Borrower City

Laurinburg

Borrower State

NC

Borrower Zip

28352-3023

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1175862.00

Current Approval Amount

1175862.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Laurinburg

Project County Name

SCOTLAND

Project State

NC

Project Zip

28352-3023

CD

NC-09

Jobs Reported

118

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1175860.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1183897.06

Forgiveness Date

12/01/2021

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