PPP Loan information for Norcross electric supply company

$433,500

Norcross electric supply company was initially approved for PPP Loan of amount $433,500, the current approved amount is $433,500. The loan was approved on 04/09/2020 by The United Community Bank reported 40 jobs and $433,500 was used to fund payroll.

Norcross electric supply company is Existing or more than 2 years old

NORCROSS ELECTRIC SUPPLY COMPANY

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

NORCROSS ELECTRIC SUPPLY COMPANY

Borrower Address

4190 CAPITAL VIEW DRIVE

Borrower City

SUWANEE

Borrower State

GA

Borrower Zip

30024-3979

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

433500.00

Current Approval Amount

433500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUWANEE

Project County Name

GWINNETT

Project State

GA

Project Zip

30024-3979

CD

GA-09

Jobs Reported

40

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

433500.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

435744.70

Forgiveness Date

11/03/2020

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