PPP Loan information for Allen electrical, inc

$20,833

Allen electrical, inc was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 06/22/2020 by The Uwharrie Bank reported 1 jobs and $20,833 was used to fund payroll.

Allen electrical, inc is Existing or more than 2 years old

ALLEN ELECTRICAL, INC

Date Approved

06/22/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ALLEN ELECTRICAL, INC

Borrower Address

10908 Willow Oak Rd

Borrower City

Norwood

Borrower State

NC

Borrower Zip

28128

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norwood

Project County Name

STANLY

Project State

NC

Project Zip

28128-0001

CD

NC-08

Jobs Reported

1

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

300.00

Payroll Proceed

19866.00

Mortgage Interest Proceed

0.00

Rent Proceed

667.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20976.52

Forgiveness Date

03/02/2021

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