PPP Loan information for Cavert wire company, inc.

$834,373

Cavert wire company, inc. was initially approved for PPP Loan of amount $834,373, the current approved amount is $834,373. The loan was approved on 04/11/2020 by The Pinnacle Bank reported 86 jobs and $834,373 was used to fund payroll.

Cavert wire company, inc. is Existing or more than 2 years old

CAVERT WIRE COMPANY, INC.

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CAVERT WIRE COMPANY, INC.

Borrower Address

620 FORUM PKWY

Borrower City

RURAL HALL

Borrower State

NC

Borrower Zip

27045-8934

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

834372.50

Current Approval Amount

834372.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RURAL HALL

Project County Name

FORSYTH

Project State

NC

Project Zip

27045-8934

CD

NC-05

Jobs Reported

86

NAICS Code

332618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

834372.50

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

838830.11

Forgiveness Date

11/03/2020

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