PPP Loan information for United electric company of cary inc.

$37,100

United electric company of cary inc. was initially approved for PPP Loan of amount $37,100, the current approved amount is $37,100. The loan was approved on 04/29/2020 by The Truist Bank reported 5 jobs and $37,100 was used to fund payroll.

United electric company of cary inc. is Existing or more than 2 years old

PPP Loan Search / NC / Benson / United electric company of cary inc.

UNITED ELECTRIC COMPANY OF CARY INC.

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

UNITED ELECTRIC COMPANY OF CARY INC.

Borrower Address

8989 highway 50 north

Borrower City

Benson

Borrower State

NC

Borrower Zip

27504

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37100.00

Current Approval Amount

37100.00

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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Benson

Project County Name

JOHNSTON

Project State

NC

Project Zip

27504-0001

CD

NC-13

Jobs Reported

5

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37100.00

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

37601.88

Forgiveness Date

09/08/2021

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