PPP Loan information for Lexington electric motor repair

$25,500

Lexington electric motor repair was initially approved for PPP Loan of amount $22,500, the current approved amount is $25,500. The loan was approved on 02/03/2021 by The The Citizens Bank reported 3 jobs and $25,500 was used to fund payroll.

Lexington electric motor repair is Existing or more than 2 years old

PPP Loan Search / NC / Lexington / Lexington electric motor repair

LEXINGTON ELECTRIC MOTOR REPAIR

Date Approved

02/03/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LEXINGTON ELECTRIC MOTOR REPAIR

Borrower Address

915 S Talbert Blvd

Borrower City

Lexington

Borrower State

NC

Borrower Zip

27292-3937

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

22500.00

Current Approval Amount

25500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66268

Servicing Lender Name

The Citizens Bank

Servicing Lender Address

124 E Main St

Servicing Lender City

OLANTA

Servicing Lender State

SC

Servicing Lender Zip

29114

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lexington

Project County Name

DAVIDSON

Project State

NC

Project Zip

27292-3937

CD

NC-08

Jobs Reported

3

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25500.00

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

66268

Originating Lender

The Citizens Bank

Originating Lender City

OLANTA

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25591.38

Forgiveness Date

07/16/2021

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