PPP Loan information for Southland electrical supply

$1,801,800

Southland electrical supply was initially approved for PPP Loan of amount $1,801,800, the current approved amount is $1,801,800. The loan was approved on 04/15/2020 by The Truist Bank reported 138 jobs and $1,801,800 was used to fund payroll.

Southland electrical supply is Existing or more than 2 years old

PPP Loan Search / NC / BURLINGTON / Southland electrical supply

SOUTHLAND ELECTRICAL SUPPLY

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOUTHLAND ELECTRICAL SUPPLY

Borrower Address

147 N Main St

Borrower City

BURLINGTON

Borrower State

NC

Borrower Zip

27217-3901

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1801800.00

Current Approval Amount

1801800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

ALAMANCE

Project State

NC

Project Zip

27217-3901

CD

NC-04

Jobs Reported

138

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1801800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1818917.10

Forgiveness Date

03/31/2021

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