PPP Loan information for Carnation electric motor repair & sales inc

$125,500

Carnation electric motor repair & sales inc was initially approved for PPP Loan of amount $125,500, the current approved amount is $125,500. The loan was approved on 01/22/2021 by The Citizens Bank, National Association reported 11 jobs and $125,500 was used to fund payroll.

Carnation electric motor repair & sales inc is Existing or more than 2 years old

CARNATION ELECTRIC MOTOR REPAIR & SALES INC

Date Approved

01/22/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

CARNATION ELECTRIC MOTOR REPAIR & SALES INC

Borrower Address

232 N Lincoln Ave

Borrower City

Alliance

Borrower State

OH

Borrower Zip

44601-1600

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

125500.00

Current Approval Amount

125500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Alliance

Project County Name

STARK

Project State

OH

Project Zip

44601-1600

CD

OH-06

Jobs Reported

11

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

125495.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

126184.23

Forgiveness Date

08/13/2021

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