PPP Loan information for Olde town electric inc

$74,400

Olde town electric inc was initially approved for PPP Loan of amount $224,400, the current approved amount is $74,400. The loan was approved on 04/11/2020 by The Dogwood State Bank reported 10 jobs and $74,400 was used to fund payroll.

Olde town electric inc is Existing or more than 2 years old

PPP Loan Search / NC / BEAUFORT / Olde town electric inc

OLDE TOWN ELECTRIC INC

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

OLDE TOWN ELECTRIC INC

Borrower Address

207 Wallace Road

Borrower City

BEAUFORT

Borrower State

NC

Borrower Zip

28516-7863

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224400.00

Current Approval Amount

74400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

233057

Servicing Lender Name

Dogwood State Bank

Servicing Lender Address

5401 Six Forks Rd

Servicing Lender City

RALEIGH

Servicing Lender State

NC

Servicing Lender Zip

27609-4462

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEAUFORT

Project County Name

CARTERET

Project State

NC

Project Zip

28516-7863

CD

NC-03

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

74400.00

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

233057

Originating Lender

Dogwood State Bank

Originating Lender City

RALEIGH

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

74939.40

Forgiveness Date

01/07/2021

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