PPP Loan information for Sanford electric contractors

$158,700

Sanford electric contractors was initially approved for PPP Loan of amount $158,700, the current approved amount is $158,700. The loan was approved on 04/27/2020 by The First Bank reported 19 jobs and $158,700 was used to fund payroll.

Sanford electric contractors is New Business or 2 years or less

PPP Loan Search / NC / SANFORD / Sanford electric contractors

SANFORD ELECTRIC CONTRACTORS

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SANFORD ELECTRIC CONTRACTORS

Borrower Address

PO Box 1173

Borrower City

SANFORD

Borrower State

NC

Borrower Zip

27331

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158700.00

Current Approval Amount

158700.00

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

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SANFORD

Project County Name

LEE

Project State

NC

Project Zip

27331-0001

CD

NC-09

Jobs Reported

19

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

158700.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

160339.90

Forgiveness Date

05/12/2021

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