PPP Loan information for Hammond electric motor repair company

$128,977

Hammond electric motor repair company was initially approved for PPP Loan of amount $128,977, the current approved amount is $128,977. The loan was approved on 04/14/2020 by The Uwharrie Bank reported 14 jobs and $128,977 was used to fund payroll.

Hammond electric motor repair company is Existing or more than 2 years old

PPP Loan Search / NC / Albemarle / Hammond electric motor repair company

HAMMOND ELECTRIC MOTOR REPAIR COMPANY

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

HAMMOND ELECTRIC MOTOR REPAIR COMPANY

Borrower Address

811 Concord Road

Borrower City

Albemarle

Borrower State

NC

Borrower Zip

28001-8331

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128977.00

Current Approval Amount

128977.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Albemarle

Project County Name

STANLY

Project State

NC

Project Zip

28001-8331

CD

NC-08

Jobs Reported

14

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

128977.00

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

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

130051.81

Forgiveness Date

02/17/2021

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