PPP Loan information for Parker power systems

$29,700

Parker power systems was initially approved for PPP Loan of amount $29,700, the current approved amount is $29,700. The loan was approved on 04/11/2020 by The First Bank reported 8 jobs and $29,700 was used to fund payroll.

Parker power systems is Existing or more than 2 years old

PARKER POWER SYSTEMS

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PARKER POWER SYSTEMS

Borrower Address

5111 Tyndall Drive

Borrower City

SANFORD

Borrower State

NC

Borrower Zip

27330-7043

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29700.00

Current Approval Amount

29700.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

SANFORD

Project County Name

LEE

Project State

NC

Project Zip

27330-7043

CD

NC-09

Jobs Reported

8

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

29700.00

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

29945.03

Forgiveness Date

02/11/2021

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