PPP Loan information for Peg electric company inc.

$250,000

Peg electric company inc. was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 02/20/2021 by The Truist Bank reported 20 jobs and $250,000 was used to fund payroll.

Peg electric company inc. is Existing or more than 2 years old

PEG ELECTRIC COMPANY INC.

Date Approved

02/20/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

PEG ELECTRIC COMPANY INC.

Borrower Address

4843 Alexander St

Borrower City

Union City

Borrower State

GA

Borrower Zip

30291-1985

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Union City

Project County Name

FULTON

Project State

GA

Project Zip

30291-1985

CD

GA-13

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

249997.00

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

251222.22

Forgiveness Date

08/18/2021

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