PPP Loan information for Robeson electric company, inc.

$194,400

Robeson electric company, inc. was initially approved for PPP Loan of amount $194,400, the current approved amount is $194,400. The loan was approved on 04/29/2020 by The United Bank reported 23 jobs and $194,400 was used to fund payroll.

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

PPP Loan Search / NC / LUMBERTON / Robeson electric company, inc.

ROBESON ELECTRIC COMPANY, INC.

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ROBESON ELECTRIC COMPANY, INC.

Borrower Address

400 E 1ST ST

Borrower City

LUMBERTON

Borrower State

NC

Borrower Zip

28358-5608

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194400.00

Current Approval Amount

194400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LUMBERTON

Project County Name

ROBESON

Project State

NC

Project Zip

28358-5608

CD

NC-07

Jobs Reported

23

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

194400.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

196041.60

Forgiveness Date

03/05/2021

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