PPP Loan information for Electriforce inc

$186,340

Electriforce inc was initially approved for PPP Loan of amount $186,340, the current approved amount is $186,340. The loan was approved on 04/14/2020 by The Truist Bank reported 18 jobs and $186,340 was used to fund payroll.

Electriforce inc is Existing or more than 2 years old

ELECTRIFORCE INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ELECTRIFORCE INC

Borrower Address

324 N Pino Rd

Borrower City

MOCKSVILLE

Borrower State

NC

Borrower Zip

27028

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

186340.00

Current Approval Amount

186340.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOCKSVILLE

Project County Name

DAVIE

Project State

NC

Project Zip

27028-0001

CD

NC-05

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

186340.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

188845.24

Forgiveness Date

08/18/2021

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