PPP Loan information for Service electric and control inc

$151,072

Service electric and control inc was initially approved for PPP Loan of amount $151,072, the current approved amount is $151,072. The loan was approved on 04/27/2020 by The Uwharrie Bank reported 16 jobs and $151,072 was used to fund payroll.

Service electric and control inc is Existing or more than 2 years old

PPP Loan Search / NC / MIDLAND / Service electric and control inc

SERVICE ELECTRIC AND CONTROL INC

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SERVICE ELECTRIC AND CONTROL INC

Borrower Address

181 NC HWY 24-27 WEST

Borrower City

MIDLAND

Borrower State

NC

Borrower Zip

28107

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

151072.00

Current Approval Amount

151072.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

CABARRUS

Project State

NC

Project Zip

28107-0001

CD

NC-08

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

120857.00

Mortgage Interest Proceed

0.00

Rent Proceed

15215.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

152276.38

Forgiveness Date

02/11/2021

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