PPP Loan information for Jgw electric inc

$40,550

Jgw electric inc was initially approved for PPP Loan of amount $40,550, the current approved amount is $40,550. The loan was approved on 03/04/2021 by The Southern Bank and Trust Company reported 6 jobs and $40,550 was used to fund payroll.

Jgw electric inc is Existing or more than 2 years old

PPP Loan Search / NC / Ahoskie / Jgw electric inc

JGW ELECTRIC INC

Date Approved

03/04/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

JGW ELECTRIC INC

Borrower Address

431 Ward Rd

Borrower City

Ahoskie

Borrower State

NC

Borrower Zip

27910-9774

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40549.90

Current Approval Amount

40549.90

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ahoskie

Project County Name

HERTFORD

Project State

NC

Project Zip

27910-9774

CD

NC-01

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40545.90

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

40757.16

Forgiveness Date

09/13/2021

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