PPP Loan information for Newco electric, llc

$41,108

Newco electric, llc was initially approved for PPP Loan of amount $41,108, the current approved amount is $41,108. The loan was approved on 06/02/2020 by The Truist Bank reported 7 jobs and $41,108 was used to fund payroll.

Newco electric, llc is Existing or more than 2 years old

PPP Loan Search / NC / Kannapolis / Newco electric, llc

NEWCO ELECTRIC, LLC

Date Approved

06/02/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NEWCO ELECTRIC, LLC

Borrower Address

6135 Ashland Road

Borrower City

Kannapolis

Borrower State

NC

Borrower Zip

28083

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41108.38

Current Approval Amount

41108.38

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

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

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41108.38

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41449.81

Forgiveness Date

04/20/2021

;