PPP Loan information for Utility precast inc

$457,498

Utility precast inc was initially approved for PPP Loan of amount $457,498, the current approved amount is $457,498. The loan was approved on 05/18/2021 by The Farmers & Merchants Bank reported 35 jobs and $457,498 was used to fund payroll.

Utility precast inc is Existing or more than 2 years old

PPP Loan Search / NC / Concord / Utility precast inc

UTILITY PRECAST INC

Date Approved

05/18/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

UTILITY PRECAST INC

Borrower Address

1420 Ivey Cline Rd

Borrower City

Concord

Borrower State

NC

Borrower Zip

28027-9529

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

457498.12

Current Approval Amount

457498.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50827

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

138 N Salisbury Ave

Servicing Lender City

GRANITE QUARRY

Servicing Lender State

NC

Servicing Lender Zip

28146

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

28027-9529

CD

NC-12

Jobs Reported

35

NAICS Code

327390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

457498.12

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

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

461729.98

Forgiveness Date

04/28/2022

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