PPP Loan information for Wells electric company inc

$32,000

Wells electric company inc was initially approved for PPP Loan of amount $32,000, the current approved amount is $32,000. The loan was approved on 04/28/2020 by The United Bank reported 6 jobs and $32,000 was used to fund payroll.

Wells electric company inc is Existing or more than 2 years old

PPP Loan Search / NC / WALLACE / Wells electric company inc

WELLS ELECTRIC COMPANY INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WELLS ELECTRIC COMPANY INC

Borrower Address

165 FIREFLY DR

Borrower City

WALLACE

Borrower State

NC

Borrower Zip

28466-2372

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32000.00

Current Approval Amount

32000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WALLACE

Project County Name

DUPLIN

Project State

NC

Project Zip

28466-2372

CD

NC-03

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32000.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

32268.44

Forgiveness Date

03/03/2021

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