PPP Loan information for R. w. schoolfield electrical contractors inc.

$30,607

R. w. schoolfield electrical contractors inc. was initially approved for PPP Loan of amount $30,607, the current approved amount is $30,607. The loan was approved on 02/05/2021 by The First Bank of the Lake reported 9 jobs and $30,607 was used to fund payroll.

R. w. schoolfield electrical contractors inc. is Existing or more than 2 years old

R. W. SCHOOLFIELD ELECTRICAL CONTRACTORS INC.

Date Approved

02/05/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

R. W. SCHOOLFIELD ELECTRICAL CONTRACTORS INC.

Borrower Address

1221 S Fifth St

Borrower City

Mebane

Borrower State

NC

Borrower Zip

27302-9706

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30606.61

Current Approval Amount

30606.61

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110352

Servicing Lender Name

First Bank of the Lake

Servicing Lender Address

4558 Osage Beach Pkwy, Ste 100

Servicing Lender City

OSAGE BEACH

Servicing Lender State

MO

Servicing Lender Zip

65065-2372

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mebane

Project County Name

ALAMANCE

Project State

NC

Project Zip

27302-9706

CD

NC-04

Jobs Reported

9

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

30604.61

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

110352

Originating Lender

First Bank of the Lake

Originating Lender City

OSAGE BEACH

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30854.01

Forgiveness Date

12/09/2021

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