PPP Loan information for Deese electric company inc.

$85,800

Deese electric company inc. was initially approved for PPP Loan of amount $85,800, the current approved amount is $85,800. The loan was approved on 04/30/2020 by The First-Citizens Bank & Trust Company reported 10 jobs and $85,800 was used to fund payroll.

Deese electric company inc. is New Business or 2 years or less

PPP Loan Search / NC / ALBEMARLE / Deese electric company inc.

DEESE ELECTRIC COMPANY INC.

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DEESE ELECTRIC COMPANY INC.

Borrower Address

1928 US HIGHWAY 52 N

Borrower City

ALBEMARLE

Borrower State

NC

Borrower Zip

28001

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85800.00

Current Approval Amount

85800.00

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ALBEMARLE

Project County Name

STANLY

Project State

NC

Project Zip

28001-0001

CD

NC-08

Jobs Reported

10

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85800.00

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

86850.76

Forgiveness Date

07/27/2021

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