PPP Loan information for Sbm solar inc

$72,055

Sbm solar inc was initially approved for PPP Loan of amount $72,055, the current approved amount is $72,055. The loan was approved on 04/13/2020 by The Uwharrie Bank reported 15 jobs and $72,055 was used to fund payroll.

Sbm solar inc is Existing or more than 2 years old

SBM SOLAR INC

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SBM SOLAR INC

Borrower Address

8000 POPLAR TENT RD

Borrower City

CONCORD

Borrower State

NC

Borrower Zip

28027-9500

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72055.00

Current Approval Amount

72055.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONCORD

Project County Name

CABARRUS

Project State

NC

Project Zip

28027-9500

CD

NC-12

Jobs Reported

15

NAICS Code

334413

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

8226.00

Payroll Proceed

57644.00

Mortgage Interest Proceed

6185.00

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

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

72463.31

Forgiveness Date

11/12/2020

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