PPP Loan information for Utility solutions, inc.

$612,200

Utility solutions, inc. was initially approved for PPP Loan of amount $612,200, the current approved amount is $612,200. The loan was approved on 04/07/2020 by The Peoples Bank reported 53 jobs and $612,200 was used to fund payroll.

Utility solutions, inc. is Existing or more than 2 years old

PPP Loan Search / NC / HICKORY / Utility solutions, inc.

UTILITY SOLUTIONS, INC.

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

UTILITY SOLUTIONS, INC.

Borrower Address

101 33RD STREET DR SE

Borrower City

HICKORY

Borrower State

NC

Borrower Zip

28602-1634

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

612200.00

Current Approval Amount

612200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HICKORY

Project County Name

CATAWBA

Project State

NC

Project Zip

28602-1634

CD

NC-10

Jobs Reported

53

NAICS Code

334515

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

612200.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

618475.05

Forgiveness Date

04/23/2021

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