PPP Loan information for Woodlief electric co inc

$38,900

Woodlief electric co inc was initially approved for PPP Loan of amount $38,900, the current approved amount is $38,900. The loan was approved on 02/03/2021 by The Peoples Bank reported 6 jobs and $38,900 was used to fund payroll.

Woodlief electric co inc is Existing or more than 2 years old

PPP Loan Search / NC / Newton / Woodlief electric co inc

WOODLIEF ELECTRIC CO INC

Date Approved

02/03/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

WOODLIEF ELECTRIC CO INC

Borrower Address

104 E 22nd St

Borrower City

Newton

Borrower State

NC

Borrower Zip

28658-2703

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38900.00

Current Approval Amount

38900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newton

Project County Name

CATAWBA

Project State

NC

Project Zip

28658-2703

CD

NC-10

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

38896.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

39272.79

Forgiveness Date

01/21/2022

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