PPP Loan information for S & b electrical services inc

$127,500

S & b electrical services inc was initially approved for PPP Loan of amount $127,500, the current approved amount is $127,500. The loan was approved on 04/29/2020 by The First-Citizens Bank & Trust Company reported 13 jobs and $127,500 was used to fund payroll.

S & b electrical services inc is New Business or 2 years or less

S & B ELECTRICAL SERVICES INC

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

S & B ELECTRICAL SERVICES INC

Borrower Address

231 RODELL BARROW RD

Borrower City

LA GRANGE

Borrower State

NC

Borrower Zip

28551-8553

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127500.00

Current Approval Amount

127500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LA GRANGE

Project County Name

WAYNE

Project State

NC

Project Zip

28551-8553

CD

NC-03

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

127500.00

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

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

128879.79

Forgiveness Date

06/04/2021

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