PPP Loan information for Canipe and lynn electric motor repair, inc

$69,227

Canipe and lynn electric motor repair, inc was initially approved for PPP Loan of amount $69,227, the current approved amount is $69,227. The loan was approved on 04/29/2020 by The First Horizon Bank reported 8 jobs and $69,227 was used to fund payroll.

Canipe and lynn electric motor repair, inc is New Business or 2 years or less

PPP Loan Search / NC / HICKORY / Canipe and lynn electric motor repair, inc

CANIPE AND LYNN ELECTRIC MOTOR REPAIR, INC

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CANIPE AND LYNN ELECTRIC MOTOR REPAIR, INC

Borrower Address

1909 1ST AVE

Borrower City

HICKORY

Borrower State

NC

Borrower Zip

28602

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

69227.00

Current Approval Amount

69227.00

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

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HICKORY

Project County Name

CATAWBA

Project State

NC

Project Zip

28602-1100

CD

NC-10

Jobs Reported

8

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

69227.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

69898.12

Forgiveness Date

04/22/2021

;