PPP Loan information for Potter electric inc

$86,405

Potter electric inc was initially approved for PPP Loan of amount $86,405, the current approved amount is $86,405. The loan was approved on 05/20/2020 by The First Horizon Bank reported 15 jobs and $86,405 was used to fund payroll.

Potter electric inc is New Business or 2 years or less

PPP Loan Search / NC / KING / Potter electric inc

POTTER ELECTRIC INC

Date Approved

05/20/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

POTTER ELECTRIC INC

Borrower Address

105 LONG POND COURT

Borrower City

KING

Borrower State

NC

Borrower Zip

27021-8807

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86405.00

Current Approval Amount

86405.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

KING

Project County Name

STOKES

Project State

NC

Project Zip

27021-8807

CD

NC-05

Jobs Reported

15

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86405.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87173.04

Forgiveness Date

04/19/2021

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