PPP Loan information for Multi-electrical services, inc.

$113,052

Multi-electrical services, inc. was initially approved for PPP Loan of amount $113,052, the current approved amount is $113,052. The loan was approved on 04/29/2020 by The First Horizon Bank reported 12 jobs and $113,052 was used to fund payroll.

Multi-electrical services, inc. is Existing or more than 2 years old

PPP Loan Search / NC / KANNAPOLIS / Multi-electrical services, inc.

MULTI-ELECTRICAL SERVICES, INC.

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MULTI-ELECTRICAL SERVICES, INC.

Borrower Address

700 CANNON BLVD

Borrower City

KANNAPOLIS

Borrower State

NC

Borrower Zip

28083

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113052.00

Current Approval Amount

113052.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KANNAPOLIS

Project County Name

CABARRUS

Project State

NC

Project Zip

28083-0001

CD

NC-08

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

113052.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114396.06

Forgiveness Date

07/14/2021

;