PPP Loan information for Sammy phillips electric inc

$709,900

Sammy phillips electric inc was initially approved for PPP Loan of amount $709,900, the current approved amount is $709,900. The loan was approved on 04/27/2020 by The The Fidelity Bank reported 70 jobs and $709,900 was used to fund payroll.

Sammy phillips electric inc is Existing or more than 2 years old

SAMMY PHILLIPS ELECTRIC INC

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SAMMY PHILLIPS ELECTRIC INC

Borrower Address

945 W. Northwest Blvd.

Borrower City

Winston-Salem

Borrower State

NC

Borrower Zip

27101

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

709900.00

Current Approval Amount

709900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Winston-Salem

Project County Name

FORSYTH

Project State

NC

Project Zip

27101-0001

CD

NC-06

Jobs Reported

70

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

709900.00

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

Subchapter S Corporation

Originating Lender Location Id

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

714179.12

Forgiveness Date

12/09/2020

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