PPP Loan information for Young's electric inc.

$127,500

Young's electric inc. was initially approved for PPP Loan of amount $127,500, the current approved amount is $127,500. The loan was approved on 04/28/2020 by The First National Bank of Pennsylvania reported 14 jobs and $127,500 was used to fund payroll.

Young's electric inc. is Existing or more than 2 years old

YOUNG'S ELECTRIC INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

YOUNG'S ELECTRIC INC.

Borrower Address

10590 NC 210 N PO BOX 398

Borrower City

ANGIER

Borrower State

NC

Borrower Zip

27501-0398

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127500.00

Current Approval Amount

127500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANGIER

Project County Name

HARNETT

Project State

NC

Project Zip

27501-0398

CD

NC-13

Jobs Reported

14

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

127500.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

128643.96

Forgiveness Date

03/24/2021

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