PPP Loan information for Us electric, inc.

$75,500

Us electric, inc. was initially approved for PPP Loan of amount $75,500, the current approved amount is $75,500. The loan was approved on 05/13/2020 by The Bank of Oak Ridge reported 7 jobs and $75,500 was used to fund payroll.

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

PPP Loan Search / NC / Greensboro / Us electric, inc.

US ELECTRIC, INC.

Date Approved

05/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

US ELECTRIC, INC.

Borrower Address

1205 W Bessemer Ave

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27408

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75500.00

Current Approval Amount

75500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124488

Servicing Lender Name

Bank of Oak Ridge

Servicing Lender Address

2211 Oak Ridge Rd

Servicing Lender City

OAK RIDGE

Servicing Lender State

NC

Servicing Lender Zip

27310-9619

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greensboro

Project County Name

GUILFORD

Project State

NC

Project Zip

27408-1900

CD

NC-06

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

75500.00

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

124488

Originating Lender

Bank of Oak Ridge

Originating Lender City

OAK RIDGE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

76317.92

Forgiveness Date

06/09/2021

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