PPP Loan information for Suburban electric services, inc.

$112,900

Suburban electric services, inc. was initially approved for PPP Loan of amount $112,900, the current approved amount is $112,900. The loan was approved on 04/06/2020 by The Southern Bank and Trust Company reported 14 jobs and $112,900 was used to fund payroll.

Suburban electric services, inc. is Existing or more than 2 years old

PPP Loan Search / NC / MANTEO / Suburban electric services, inc.

SUBURBAN ELECTRIC SERVICES, INC.

Date Approved

04/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SUBURBAN ELECTRIC SERVICES, INC.

Borrower Address

1078 N HIGHWAY 64/264

Borrower City

MANTEO

Borrower State

NC

Borrower Zip

27954-9666

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112900.00

Current Approval Amount

112900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANTEO

Project County Name

DARE

Project State

NC

Project Zip

27954-9666

CD

NC-03

Jobs Reported

14

NAICS Code

238210

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2224.00

Payroll Proceed

105105.16

Mortgage Interest Proceed

0.00

Rent Proceed

3878.28

Refinance EIDL Proceed

0.00

Health Care Proceed

1692.56

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113818.88

Forgiveness Date

02/02/2021

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