PPP Loan information for Powermaster electric, inc

$129,400

Powermaster electric, inc was initially approved for PPP Loan of amount $129,400, the current approved amount is $129,400. The loan was approved on 04/15/2020 by The United Community Bank reported 13 jobs and $129,400 was used to fund payroll.

Powermaster electric, inc is Existing or more than 2 years old

PPP Loan Search / NC / FUQUAY VARINA / Powermaster electric, inc

POWERMASTER ELECTRIC, INC

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

POWERMASTER ELECTRIC, INC

Borrower Address

7621 Purfoy Road Suite 101

Borrower City

FUQUAY VARINA

Borrower State

NC

Borrower Zip

27526

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129400.00

Current Approval Amount

129400.00

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

FUQUAY VARINA

Project County Name

WAKE

Project State

NC

Project Zip

27526-0001

CD

NC-13

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

129400.00

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

Subchapter S Corporation

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

130091.32

Forgiveness Date

11/03/2020

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