PPP Loan information for Cheraw electrical supply inc

$71,300

Cheraw electrical supply inc was initially approved for PPP Loan of amount $71,300, the current approved amount is $71,300. The loan was approved on 04/08/2020 by The Carolina Bank & Trust Co. reported 5 jobs and $71,300 was used to fund payroll.

Cheraw electrical supply inc is Existing or more than 2 years old

CHERAW ELECTRICAL SUPPLY INC

Date Approved

04/08/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

CHERAW ELECTRICAL SUPPLY INC

Borrower Address

235 Front St.

Borrower City

CHERAW

Borrower State

SC

Borrower Zip

29520-1901

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71300.00

Current Approval Amount

71300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66176

Servicing Lender Name

Carolina Bank & Trust Co.

Servicing Lender Address

112 Main St

Servicing Lender City

LAMAR

Servicing Lender State

SC

Servicing Lender Zip

29069

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHERAW

Project County Name

CHESTERFIELD

Project State

SC

Project Zip

29520-1901

CD

SC-07

Jobs Reported

5

NAICS Code

444190

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

70300.00

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

66176

Originating Lender

Carolina Bank & Trust Co.

Originating Lender City

LAMAR

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

72038.39

Forgiveness Date

05/03/2021

;