PPP Loan information for Besco electric

$604,500

Besco electric was initially approved for PPP Loan of amount $604,500, the current approved amount is $604,500. The loan was approved on 02/26/2021 by The Pinnacle Bank reported 42 jobs and $604,500 was used to fund payroll.

Besco electric is Existing or more than 2 years old

PPP Loan Search / NC / Huntersville / Besco electric

BESCO ELECTRIC

Date Approved

02/26/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

BESCO ELECTRIC

Borrower Address

9835 Northcross Center Ct Ste B

Borrower City

Huntersville

Borrower State

NC

Borrower Zip

28078-7347

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

604500.00

Current Approval Amount

604500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Huntersville

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28078-7347

CD

NC-12

Jobs Reported

42

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

604494.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

608607.29

Forgiveness Date

11/05/2021

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