PPP Loan information for J c electric, inc.

$544,225

J c electric, inc. was initially approved for PPP Loan of amount $544,225, the current approved amount is $544,225. The loan was approved on 04/15/2020 by The Pinnacle Bank reported 45 jobs and $544,225 was used to fund payroll.

J c electric, inc. is Existing or more than 2 years old

PPP Loan Search / NC / DURHAM / J c electric, inc.

J C ELECTRIC, INC.

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

J C ELECTRIC, INC.

Borrower Address

4900 HILLSBOROUGH RD

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27705

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

544225.00

Current Approval Amount

544225.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27705-0001

CD

NC-04

Jobs Reported

45

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

544225.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

547848.20

Forgiveness Date

12/22/2020

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