PPP Loan information for W3 electric, inc.

$180,000

W3 electric, inc. was initially approved for PPP Loan of amount $180,000, the current approved amount is $180,000. The loan was approved on 04/28/2020 by The First Federal Bank reported 22 jobs and $180,000 was used to fund payroll.

W3 electric, inc. is Existing or more than 2 years old

PPP Loan Search / NC / Clayton / W3 electric, inc.

W3 ELECTRIC, INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

W3 ELECTRIC, INC.

Borrower Address

308 W. Main Street

Borrower City

Clayton

Borrower State

NC

Borrower Zip

27520

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180000.00

Current Approval Amount

180000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88615

Servicing Lender Name

First Federal Bank

Servicing Lender Address

200 E Divine St

Servicing Lender City

DUNN

Servicing Lender State

NC

Servicing Lender Zip

28334-5306

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clayton

Project County Name

JOHNSTON

Project State

NC

Project Zip

27520-1400

CD

NC-13

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

180000.00

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

88615

Originating Lender

First Federal Bank

Originating Lender City

DUNN

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

181725.00

Forgiveness Date

04/15/2021

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