PPP Loan information for Tool time electric co., inc.

$692,780

Tool time electric co., inc. was initially approved for PPP Loan of amount $692,780, the current approved amount is $692,780. The loan was approved on 01/19/2021 by The Dogwood State Bank reported 61 jobs and $692,780 was used to fund payroll.

Tool time electric co., inc. is Existing or more than 2 years old

TOOL TIME ELECTRIC CO., INC.

Date Approved

01/19/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

TOOL TIME ELECTRIC CO., INC.

Borrower Address

2420 Reliance Ave Ste 200

Borrower City

Apex

Borrower State

NC

Borrower Zip

27539-7048

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

692780.00

Current Approval Amount

692780.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

233057

Servicing Lender Name

Dogwood State Bank

Servicing Lender Address

5401 Six Forks Rd

Servicing Lender City

RALEIGH

Servicing Lender State

NC

Servicing Lender Zip

27609-4462

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Apex

Project County Name

WAKE

Project State

NC

Project Zip

27539-7048

CD

NC-13

Jobs Reported

61

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

692775.00

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

233057

Originating Lender

Dogwood State Bank

Originating Lender City

RALEIGH

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

697109.88

Forgiveness Date

09/07/2021

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