PPP Loan information for Us electric inc.

$76,695

Us electric inc. was initially approved for PPP Loan of amount $76,695, the current approved amount is $76,695. The loan was approved on 01/26/2021 by The Bank of Oak Ridge reported 7 jobs and $76,695 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

01/26/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

US ELECTRIC INC.

Borrower Address

1205 W Bessemer Ave Ste 103

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27408-8458

Loan Status Date

02/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

76695.00

Current Approval Amount

76695.00

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

27408-8458

CD

NC-06

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

76695.00

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

77468.34

Forgiveness Date

01/26/2022

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