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

$252,000

Piedmont electric motor repair of asheboro inc. was initially approved for PPP Loan of amount $252,000, the current approved amount is $252,000. The loan was approved on 02/19/2021 by The First Bank reported 34 jobs and $252,000 was used to fund payroll.

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

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

PIEDMONT ELECTRIC MOTOR REPAIR OF ASHEBORO INC.

Date Approved

02/19/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PIEDMONT ELECTRIC MOTOR REPAIR OF ASHEBORO INC.

Borrower Address

4635 US Highway 220 Bus N

Borrower City

Asheboro

Borrower State

NC

Borrower Zip

27203-3331

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

252000.00

Current Approval Amount

252000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Asheboro

Project County Name

RANDOLPH

Project State

NC

Project Zip

27203-3331

CD

NC-09

Jobs Reported

34

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

251998.00

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

254086.00

Forgiveness Date

12/23/2021

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