PPP Loan information for Rocky mount electric motor, llc

$141,500

Rocky mount electric motor, llc was initially approved for PPP Loan of amount $141,500, the current approved amount is $141,500. The loan was approved on 04/11/2020 by The Truist Bank reported 11 jobs and $141,500 was used to fund payroll.

Rocky mount electric motor, llc is Existing or more than 2 years old

PPP Loan Search / NC / ROCKY MOUNT / Rocky mount electric motor, llc

ROCKY MOUNT ELECTRIC MOTOR, LLC

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ROCKY MOUNT ELECTRIC MOTOR, LLC

Borrower Address

3870 S. Church St.

Borrower City

ROCKY MOUNT

Borrower State

NC

Borrower Zip

27803-5701

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141500.00

Current Approval Amount

141500.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKY MOUNT

Project County Name

NASH

Project State

NC

Project Zip

27803-5701

CD

NC-01

Jobs Reported

11

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

141500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

142498.36

Forgiveness Date

12/31/2020

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