PPP Loan information for Southern electric service company, inc.

$429,400

Southern electric service company, inc. was initially approved for PPP Loan of amount $429,400, the current approved amount is $429,400. The loan was approved on 04/08/2020 by The TowneBank reported 44 jobs and $429,400 was used to fund payroll.

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

SOUTHERN ELECTRIC SERVICE COMPANY, INC.

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOUTHERN ELECTRIC SERVICE COMPANY, INC.

Borrower Address

7101 Cessna Drive

Borrower City

GREENSBORO

Borrower State

NC

Borrower Zip

27409-9793

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

429400.00

Current Approval Amount

429400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREENSBORO

Project County Name

GUILFORD

Project State

NC

Project Zip

27409-9793

CD

NC-06

Jobs Reported

44

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

429400.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

422009.60

Forgiveness Date

11/27/2020

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