PPP Loan information for Western carolina electrical supply company

$161,080

Western carolina electrical supply company was initially approved for PPP Loan of amount $161,080, the current approved amount is $161,080. The loan was approved on 03/09/2021 by The First Horizon Bank reported 12 jobs and $161,080 was used to fund payroll.

Western carolina electrical supply company is Existing or more than 2 years old

WESTERN CAROLINA ELECTRICAL SUPPLY COMPANY

Date Approved

03/09/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

WESTERN CAROLINA ELECTRICAL SUPPLY COMPANY

Borrower Address

908 Morganton Blvd SW

Borrower City

Lenoir

Borrower State

NC

Borrower Zip

28645-5604

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

161080.00

Current Approval Amount

161080.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lenoir

Project County Name

CALDWELL

Project State

NC

Project Zip

28645-5604

CD

NC-05

Jobs Reported

12

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

161080.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

161961.47

Forgiveness Date

09/29/2021

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