PPP Loan information for Electrical associates of hickory inc.

$78,832

Electrical associates of hickory inc. was initially approved for PPP Loan of amount $78,832, the current approved amount is $78,832. The loan was approved on 03/03/2021 by The First Horizon Bank reported 7 jobs and $78,832 was used to fund payroll.

Electrical associates of hickory inc. is Existing or more than 2 years old

ELECTRICAL ASSOCIATES OF HICKORY INC.

Date Approved

03/03/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

ELECTRICAL ASSOCIATES OF HICKORY INC.

Borrower Address

3175 9th Street Dr NE

Borrower City

Hickory

Borrower State

NC

Borrower Zip

28601-9624

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78832.00

Current Approval Amount

78832.00

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

Existing or more than 2 years old

Project City

Hickory

Project County Name

CATAWBA

Project State

NC

Project Zip

28601-9624

CD

NC-10

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

78826.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

79348.79

Forgiveness Date

11/02/2021

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