PPP Loan information for New peco, inc

$180,309

New peco, inc was initially approved for PPP Loan of amount $180,309, the current approved amount is $180,309. The loan was approved on 04/09/2020 by The United FCU reported 24 jobs and $180,309 was used to fund payroll.

New peco, inc is Existing or more than 2 years old

NEW PECO, INC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NEW PECO, INC

Borrower Address

100 AIRPORT RD

Borrower City

ARDEN

Borrower State

NC

Borrower Zip

28704-8516

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180309.00

Current Approval Amount

180309.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99541

Servicing Lender Name

United FCU

Servicing Lender Address

150 Hilltop Rd

Servicing Lender City

SAINT JOSEPH

Servicing Lender State

MI

Servicing Lender Zip

49085-2381

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ARDEN

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28704-8516

CD

NC-11

Jobs Reported

24

NAICS Code

333112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

180309.00

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

99541

Originating Lender

United FCU

Originating Lender City

SAINT JOSEPH

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

171242.20

Forgiveness Date

11/03/2020

;