PPP Loan information for Jordan electric motors inc.

$40,274

Jordan electric motors inc. was initially approved for PPP Loan of amount $40,274, the current approved amount is $40,274. The loan was approved on 03/17/2021 by The Truist Bank reported 8 jobs and $40,274 was used to fund payroll.

Jordan electric motors inc. is Existing or more than 2 years old

PPP Loan Search / NC / Sanford / Jordan electric motors inc.

JORDAN ELECTRIC MOTORS INC.

Date Approved

03/17/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

JORDAN ELECTRIC MOTORS INC.

Borrower Address

3307 Lee Ave

Borrower City

Sanford

Borrower State

NC

Borrower Zip

27332-8495

Loan Status Date

03/03/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40274.00

Current Approval Amount

40274.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sanford

Project County Name

LEE

Project State

NC

Project Zip

27332-8495

CD

NC-09

Jobs Reported

8

NAICS Code

335312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40272.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40638.70

Forgiveness Date

02/08/2022

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