PPP Loan information for Upstate electric motor service

$74,291

Upstate electric motor service was initially approved for PPP Loan of amount $74,291, the current approved amount is $74,291. The loan was approved on 04/28/2020 by The Community First Bank, Inc. reported 7 jobs and $74,291 was used to fund payroll.

Upstate electric motor service is Existing or more than 2 years old

UPSTATE ELECTRIC MOTOR SERVICE

Date Approved

04/28/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

UPSTATE ELECTRIC MOTOR SERVICE

Borrower Address

113 Chippewa Lane

Borrower City

Williamston

Borrower State

SC

Borrower Zip

29697

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74290.55

Current Approval Amount

74290.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113041

Servicing Lender Name

Community First Bank, Inc.

Servicing Lender Address

3685 Blue Ridge Blvd

Servicing Lender City

WALHALLA

Servicing Lender State

SC

Servicing Lender Zip

29691-2426

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Williamston

Project County Name

ANDERSON

Project State

SC

Project Zip

29697-0001

CD

SC-03

Jobs Reported

7

NAICS Code

335999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

74290.55

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

113041

Originating Lender

Community First Bank, Inc.

Originating Lender City

WALHALLA

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75068.06

Forgiveness Date

05/24/2021

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