PPP Loan information for Pro 356 electric company

$211,600

Pro 356 electric company was initially approved for PPP Loan of amount $211,600, the current approved amount is $211,600. The loan was approved on 04/09/2020 by The Truist Bank reported 20 jobs and $211,600 was used to fund payroll.

Pro 356 electric company is Existing or more than 2 years old

PRO 356 ELECTRIC COMPANY

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PRO 356 ELECTRIC COMPANY

Borrower Address

1448 US HIGHWAY 70

Borrower City

KINSTON

Borrower State

NC

Borrower Zip

28501-9561

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

211600.00

Current Approval Amount

211600.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KINSTON

Project County Name

LENOIR

Project State

NC

Project Zip

28501-9561

CD

NC-03

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

211600.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

202826.40

Forgiveness Date

11/30/2020

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