PPP Loan information for Piedmont electric motor repair inc. of asheboro

$241,100

Piedmont electric motor repair inc. of asheboro was initially approved for PPP Loan of amount $241,100, the current approved amount is $241,100. The loan was approved on 04/09/2020 by The First Bank reported 20 jobs and $241,100 was used to fund payroll.

Piedmont electric motor repair inc. of asheboro is Existing or more than 2 years old

PPP Loan Search / NC / ASHEBORO / Piedmont electric motor repair inc. of asheboro

PIEDMONT ELECTRIC MOTOR REPAIR INC. OF ASHEBORO

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PIEDMONT ELECTRIC MOTOR REPAIR INC. OF ASHEBORO

Borrower Address

4635 US Hwy 220 Business N

Borrower City

ASHEBORO

Borrower State

NC

Borrower Zip

27203

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

241100.00

Current Approval Amount

241100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ASHEBORO

Project County Name

RANDOLPH

Project State

NC

Project Zip

27203-0001

CD

NC-13

Jobs Reported

20

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

241100.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

243685.13

Forgiveness Date

05/11/2021

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