PPP Loan information for Task electric llc

$415,200

Task electric llc was initially approved for PPP Loan of amount $415,200, the current approved amount is $415,200. The loan was approved on 02/13/2021 by The Truist Bank reported 22 jobs and $415,200 was used to fund payroll.

Task electric llc is Existing or more than 2 years old

TASK ELECTRIC LLC

Date Approved

02/13/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

TASK ELECTRIC LLC

Borrower Address

4200 Atlantic Ave Ste 125

Borrower City

Raleigh

Borrower State

NC

Borrower Zip

27604-8112

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

415199.50

Current Approval Amount

415199.50

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Raleigh

Project County Name

WAKE

Project State

NC

Project Zip

27604-8112

CD

NC-02

Jobs Reported

22

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

415199.50

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

Veteran

Non Profit

Forgiveness Amount

416814.16

Forgiveness Date

07/08/2021

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