PPP Loan information for New south electrical constructors inc.

$172,063

New south electrical constructors inc. was initially approved for PPP Loan of amount $172,063, the current approved amount is $172,063. The loan was approved on 02/20/2021 by The Truist Bank reported 10 jobs and $172,063 was used to fund payroll.

New south electrical constructors inc. is Existing or more than 2 years old

PPP Loan Search / NC / Troutman / New south electrical constructors inc.

NEW SOUTH ELECTRICAL CONSTRUCTORS INC.

Date Approved

02/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

NEW SOUTH ELECTRICAL CONSTRUCTORS INC.

Borrower Address

174 Houston Rd

Borrower City

Troutman

Borrower State

NC

Borrower Zip

28166-8740

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

172063.00

Current Approval Amount

172063.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Troutman

Project County Name

IREDELL

Project State

NC

Project Zip

28166-8740

CD

NC-10

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

172063.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

173248.32

Forgiveness Date

11/03/2021

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