PPP Loan information for Mega electrical services

$159,507

Mega electrical services was initially approved for PPP Loan of amount $159,507, the current approved amount is $159,507. The loan was approved on 04/10/2020 by The First Horizon Bank reported 18 jobs and $159,507 was used to fund payroll.

Mega electrical services is Existing or more than 2 years old

MEGA ELECTRICAL SERVICES

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MEGA ELECTRICAL SERVICES

Borrower Address

617 w elm st

Borrower City

GRAHAM

Borrower State

NC

Borrower Zip

27253-2163

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

23

SBA Guaranty Percentage

100

Initial Approval Amount

159507.00

Current Approval Amount

159507.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAHAM

Project County Name

ALAMANCE

Project State

NC

Project Zip

27253-2163

CD

NC-04

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

159507.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

161678.07

Forgiveness Date

08/31/2021

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