PPP Loan information for National erectors rebar, inc

$1,273,580

National erectors rebar, inc was initially approved for PPP Loan of amount $1,273,580, the current approved amount is $1,273,580. The loan was approved on 04/28/2020 by The United Bank reported 146 jobs and $1,273,580 was used to fund payroll.

National erectors rebar, inc is Existing or more than 2 years old

NATIONAL ERECTORS REBAR, INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NATIONAL ERECTORS REBAR, INC

Borrower Address

2373 Kenric Road

Borrower City

LUMBERTON

Borrower State

NC

Borrower Zip

28360-0348

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1273580.00

Current Approval Amount

1273580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LUMBERTON

Project County Name

ROBESON

Project State

NC

Project Zip

28360-0348

CD

NC-07

Jobs Reported

146

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1273580.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1294947.84

Forgiveness Date

01/04/2022

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