PPP Loan information for Triangle electric corp

$200,800

Triangle electric corp was initially approved for PPP Loan of amount $200,800, the current approved amount is $200,800. The loan was approved on 04/09/2020 by The The Fidelity Bank reported 20 jobs and $200,800 was used to fund payroll.

Triangle electric corp is Existing or more than 2 years old

TRIANGLE ELECTRIC CORP

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

TRIANGLE ELECTRIC CORP

Borrower Address

560 BOULDIN RD

Borrower City

RIDGEWAY

Borrower State

VA

Borrower Zip

24148-3786

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200800.00

Current Approval Amount

200800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RIDGEWAY

Project County Name

HENRY

Project State

VA

Project Zip

24148-3786

CD

VA-09

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

200800.00

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

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

202121.93

Forgiveness Date

12/10/2020

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