PPP Loan information for Imperial electric inc

$512,500

Imperial electric inc was initially approved for PPP Loan of amount $512,500, the current approved amount is $512,500. The loan was approved on 04/08/2020 by The The Fidelity Bank reported 48 jobs and $512,500 was used to fund payroll.

Imperial electric inc is Existing or more than 2 years old

PPP Loan Search / NC / APEX / Imperial electric inc

IMPERIAL ELECTRIC INC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

IMPERIAL ELECTRIC INC

Borrower Address

416 Upchurch st

Borrower City

APEX

Borrower State

NC

Borrower Zip

27502-1882

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

512500.00

Current Approval Amount

512500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

APEX

Project County Name

WAKE

Project State

NC

Project Zip

27502-1882

CD

NC-13

Jobs Reported

48

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

512500.00

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

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

515461.11

Forgiveness Date

11/05/2020

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