PPP Loan information for Shugart electric inc

$488,010

Shugart electric inc was initially approved for PPP Loan of amount $488,010, the current approved amount is $488,010. The loan was approved on 05/12/2021 by The Customers Bank reported 39 jobs and $488,010 was used to fund payroll.

Shugart electric inc is Existing or more than 2 years old

PPP Loan Search / NC / Greensboro / Shugart electric inc

SHUGART ELECTRIC INC

Date Approved

05/12/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SHUGART ELECTRIC INC

Borrower Address

3131 Cedar Park Rd N/A

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27405-9657

Loan Status Date

03/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

488010.00

Current Approval Amount

488010.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Greensboro

Project County Name

GUILFORD

Project State

NC

Project Zip

27405-9657

CD

NC-06

Jobs Reported

39

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

488010.00

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

262380

Originating Lender

Leader Bank, National Association

Originating Lender City

ARLINGTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

491432.76

Forgiveness Date

03/15/2022

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