PPP Loan information for Highland electric co. inc.

$119,900

Highland electric co. inc. was initially approved for PPP Loan of amount $119,900, the current approved amount is $119,900. The loan was approved on 02/19/2021 by The First Bank reported 11 jobs and $119,900 was used to fund payroll.

Highland electric co. inc. is Existing or more than 2 years old

HIGHLAND ELECTRIC CO. INC.

Date Approved

02/19/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

HIGHLAND ELECTRIC CO. INC.

Borrower Address

1012 Atkinson St

Borrower City

Laurinburg

Borrower State

NC

Borrower Zip

28352-4721

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119900.00

Current Approval Amount

119900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Laurinburg

Project County Name

SCOTLAND

Project State

NC

Project Zip

28352-4721

CD

NC-09

Jobs Reported

11

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

119898.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

120932.47

Forgiveness Date

01/06/2022

;