PPP Loan information for State utility contractors, inc.

$2,454,520

State utility contractors, inc. was initially approved for PPP Loan of amount $2,454,520, the current approved amount is $2,454,520. The loan was approved on 04/30/2020 by The Truist Bank reported 196 jobs and $2,454,520 was used to fund payroll.

State utility contractors, inc. is Existing or more than 2 years old

PPP Loan Search / NC / MONROE / State utility contractors, inc.

STATE UTILITY CONTRACTORS, INC.

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

STATE UTILITY CONTRACTORS, INC.

Borrower Address

P.O. BOX 5019

Borrower City

MONROE

Borrower State

NC

Borrower Zip

28111

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2454520.00

Current Approval Amount

2454520.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONROE

Project County Name

UNION

Project State

NC

Project Zip

28111-0001

CD

NC-08

Jobs Reported

196

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2454520.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2481724.26

Forgiveness Date

06/15/2021

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