PPP Loan information for Waco electrical company

$896,795

Waco electrical company was initially approved for PPP Loan of amount $896,795, the current approved amount is $896,795. The loan was approved on 04/11/2020 by The Truist Bank reported 83 jobs and $896,795 was used to fund payroll.

Waco electrical company is Existing or more than 2 years old

PPP Loan Search / NC / RALEIGH / Waco electrical company

WACO ELECTRICAL COMPANY

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WACO ELECTRICAL COMPANY

Borrower Address

9527 INDUSTRY DR

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27603-8143

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

896795.00

Current Approval Amount

896795.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27603-8143

CD

NC-13

Jobs Reported

83

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

896795.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

903271.85

Forgiveness Date

01/07/2021

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