PPP Loan information for Oak ridge electric inc.

$123,666

Oak ridge electric inc. was initially approved for PPP Loan of amount $123,666, the current approved amount is $123,666. The loan was approved on 02/13/2021 by The Bank of Oak Ridge reported 14 jobs and $123,666 was used to fund payroll.

Oak ridge electric inc. is Existing or more than 2 years old

PPP Loan Search / NC / Oak Ridge / Oak ridge electric inc.

OAK RIDGE ELECTRIC INC.

Date Approved

02/13/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

OAK RIDGE ELECTRIC INC.

Borrower Address

6740 Sandylea Rd

Borrower City

Oak Ridge

Borrower State

NC

Borrower Zip

27310-9517

Loan Status Date

03/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

123665.83

Current Approval Amount

123665.83

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124488

Servicing Lender Name

Bank of Oak Ridge

Servicing Lender Address

2211 Oak Ridge Rd

Servicing Lender City

OAK RIDGE

Servicing Lender State

NC

Servicing Lender Zip

27310-9619

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oak Ridge

Project County Name

GUILFORD

Project State

NC

Project Zip

27310-9517

CD

NC-06

Jobs Reported

14

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

123662.83

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

124488

Originating Lender

Bank of Oak Ridge

Originating Lender City

OAK RIDGE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

124239.50

Forgiveness Date

08/04/2021

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