PPP Loan information for Sanders electric motor service inc

$327,300

Sanders electric motor service inc was initially approved for PPP Loan of amount $327,300, the current approved amount is $327,300. The loan was approved on 04/15/2020 by The First-Citizens Bank & Trust Company reported 28 jobs and $327,300 was used to fund payroll.

Sanders electric motor service inc is New Business or 2 years or less

PPP Loan Search / NC / LENOIR / Sanders electric motor service inc

SANDERS ELECTRIC MOTOR SERVICE INC

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SANDERS ELECTRIC MOTOR SERVICE INC

Borrower Address

285 WILDWOOD RD

Borrower City

LENOIR

Borrower State

NC

Borrower Zip

28645-8280

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

327300.00

Current Approval Amount

327300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LENOIR

Project County Name

CALDWELL

Project State

NC

Project Zip

28645-8280

CD

NC-05

Jobs Reported

28

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

327300.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

330456.43

Forgiveness Date

04/08/2021

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