PPP Loan information for Electrical equipment company

$3,953,400

Electrical equipment company was initially approved for PPP Loan of amount $3,953,400, the current approved amount is $3,953,400. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 259 jobs and $3,953,400 was used to fund payroll.

Electrical equipment company is Unanswered

PPP Loan Search / NC / Raleigh / Electrical equipment company

ELECTRICAL EQUIPMENT COMPANY

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ELECTRICAL EQUIPMENT COMPANY

Borrower Address

1440 Diggs DR

Borrower City

Raleigh

Borrower State

NC

Borrower Zip

27603-2755

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3953400.00

Current Approval Amount

3953400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

Raleigh

Project County Name

WAKE

Project State

NC

Project Zip

27603-2755

CD

NC-13

Jobs Reported

259

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3953400.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3999543.55

Forgiveness Date

09/24/2021

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