PPP Loan information for Electric drives inc

$4,002

Electric drives inc was initially approved for PPP Loan of amount $4,002, the current approved amount is $4,002. The loan was approved on 02/04/2021 by The Pinnacle Bank reported 1 jobs and $4,002 was used to fund payroll.

Electric drives inc is Existing or more than 2 years old

PPP Loan Search / NC / Thomasville / Electric drives inc

ELECTRIC DRIVES INC

Date Approved

02/04/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ELECTRIC DRIVES INC

Borrower Address

16 Carolina Ave

Borrower City

Thomasville

Borrower State

NC

Borrower Zip

27360-4760

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

4002.00

Current Approval Amount

4002.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Thomasville

Project County Name

DAVIDSON

Project State

NC

Project Zip

27360-4760

CD

NC-08

Jobs Reported

1

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4002.00

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

Subchapter S 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

4033.47

Forgiveness Date

11/22/2021

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