PPP Loan information for Statesboro electric motors inc.

$20,863

Statesboro electric motors inc. was initially approved for PPP Loan of amount $20,863, the current approved amount is $20,863. The loan was approved on 03/12/2021 by The Truist Bank reported 4 jobs and $20,863 was used to fund payroll.

Statesboro electric motors inc. is Existing or more than 2 years old

STATESBORO ELECTRIC MOTORS INC.

Date Approved

03/12/2021

SBA Office Code

0405

Processing Method

PPP

Borrower Name

STATESBORO ELECTRIC MOTORS INC.

Borrower Address

9510 US Highway 301 S

Borrower City

Statesboro

Borrower State

GA

Borrower Zip

30458-3187

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20863.00

Current Approval Amount

20863.00

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

Statesboro

Project County Name

BULLOCH

Project State

GA

Project Zip

30458-3187

CD

GA-12

Jobs Reported

4

NAICS Code

811219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20861.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20971.37

Forgiveness Date

09/23/2021

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