PPP Loan information for Web electric inc.

$433,800

Web electric inc. was initially approved for PPP Loan of amount $433,800, the current approved amount is $433,800. The loan was approved on 04/14/2020 by The First-Citizens Bank & Trust Company reported 35 jobs and $433,800 was used to fund payroll.

Web electric inc. is New Business or 2 years or less

PPP Loan Search / SC / SUMTER / Web electric inc.

WEB ELECTRIC INC.

Date Approved

04/14/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

WEB ELECTRIC INC.

Borrower Address

450 S. GUIGNARD DR.

Borrower City

SUMTER

Borrower State

SC

Borrower Zip

29150

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

433800.00

Current Approval Amount

433800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SUMTER

Project County Name

SUMTER

Project State

SC

Project Zip

29150-0001

CD

SC-06

Jobs Reported

35

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

433800.00

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

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

436559.45

Forgiveness Date

12/10/2020

;