PPP Loan information for Akers construction & electric inc.

$207,484

Akers construction & electric inc. was initially approved for PPP Loan of amount $207,500, the current approved amount is $207,484. The loan was approved on 04/12/2020 by The Truist Bank reported 23 jobs and $207,484 was used to fund payroll.

Akers construction & electric inc. is Existing or more than 2 years old

AKERS CONSTRUCTION & ELECTRIC INC.

Date Approved

04/12/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AKERS CONSTRUCTION & ELECTRIC INC.

Borrower Address

2470 PIPERS GAP RD

Borrower City

MOUNT AIRY

Borrower State

NC

Borrower Zip

27030-7584

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

207500.00

Current Approval Amount

207484.00

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

MOUNT AIRY

Project County Name

SURRY

Project State

NC

Project Zip

27030-7584

CD

NC-05

Jobs Reported

23

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

207484.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

209305.25

Forgiveness Date

03/03/2021

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