PPP Loan information for Tim schenk electric inc.

$96,480

Tim schenk electric inc. was initially approved for PPP Loan of amount $96,480, the current approved amount is $96,480. The loan was approved on 05/01/2020 by The Truist Bank reported 10 jobs and $96,480 was used to fund payroll.

Tim schenk electric inc. is Existing or more than 2 years old

PPP Loan Search / NC / SALISBURY / Tim schenk electric inc.

TIM SCHENK ELECTRIC INC.

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TIM SCHENK ELECTRIC INC.

Borrower Address

175 Barger Estates Drive

Borrower City

SALISBURY

Borrower State

NC

Borrower Zip

28147-9562

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

96480.00

Current Approval Amount

96480.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

ROWAN

Project State

NC

Project Zip

28147-9562

CD

NC-08

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

96480.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

97141.96

Forgiveness Date

01/14/2021

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