PPP Loan information for Republic electric co. inc.

$200,400

Republic electric co. inc. was initially approved for PPP Loan of amount $200,400, the current approved amount is $200,400. The loan was approved on 05/05/2020 by The First-Citizens Bank & Trust Company reported 18 jobs and $200,400 was used to fund payroll.

Republic electric co. inc. is New Business or 2 years or less

PPP Loan Search / NC / PINEVILLE / Republic electric co. inc.

REPUBLIC ELECTRIC CO. INC.

Date Approved

05/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

REPUBLIC ELECTRIC CO. INC.

Borrower Address

11122 DOWNS RD

Borrower City

PINEVILLE

Borrower State

NC

Borrower Zip

28134-8412

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200400.00

Current Approval Amount

200400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

PINEVILLE

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28134-8412

CD

NC-14

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

200400.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

203013.44

Forgiveness Date

09/07/2021

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