PPP Loan information for South-fair electric contractors inc

$1,005,000

South-fair electric contractors inc was initially approved for PPP Loan of amount $1,005,000, the current approved amount is $1,005,000. The loan was approved on 04/13/2020 by The New York Business Development Corporation reported 109 jobs and $1,005,000 was used to fund payroll.

South-fair electric contractors inc is Existing or more than 2 years old

SOUTH-FAIR ELECTRIC CONTRACTORS INC

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOUTH-FAIR ELECTRIC CONTRACTORS INC

Borrower Address

2033 Cross Beam Drive

Borrower City

Charlotte

Borrower State

NC

Borrower Zip

28217-2856

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1005000.00

Current Approval Amount

1005000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224780

Servicing Lender Name

New York Business Development Corporation

Servicing Lender Address

50 Beaver Street

Servicing Lender City

Albany

Servicing Lender State

NY

Servicing Lender Zip

12207-1538

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Charlotte

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28217-2856

CD

NC-14

Jobs Reported

109

NAICS Code

238120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1005000.00

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

224780

Originating Lender

New York Business Development Corporation

Originating Lender City

Albany

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1018491.78

Forgiveness Date

08/26/2021

;