PPP Loan information for Outer banks electric, inc.

$73,300

Outer banks electric, inc. was initially approved for PPP Loan of amount $76,200, the current approved amount is $73,300. The loan was approved on 04/07/2020 by The Southern Bank and Trust Company reported 9 jobs and $73,300 was used to fund payroll.

Outer banks electric, inc. is Existing or more than 2 years old

PPP Loan Search / NC / MANTEO / Outer banks electric, inc.

OUTER BANKS ELECTRIC, INC.

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

OUTER BANKS ELECTRIC, INC.

Borrower Address

714 North US HIGHWAY 64/264

Borrower City

MANTEO

Borrower State

NC

Borrower Zip

27954-9762

Loan Status Date

06/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76200.00

Current Approval Amount

73300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANTEO

Project County Name

DARE

Project State

NC

Project Zip

27954-9762

CD

NC-03

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

73300.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

73884.36

Forgiveness Date

02/01/2021

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