PPP Loan information for Wayne electric co., inc.

$161,900

Wayne electric co., inc. was initially approved for PPP Loan of amount $161,900, the current approved amount is $161,900. The loan was approved on 04/07/2020 by The Southern Bank and Trust Company reported 22 jobs and $161,900 was used to fund payroll.

Wayne electric co., inc. is Existing or more than 2 years old

PPP Loan Search / NC / GOLDSBORO / Wayne electric co., inc.

WAYNE ELECTRIC CO., INC.

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WAYNE ELECTRIC CO., INC.

Borrower Address

106 N CAROLINA ST

Borrower City

GOLDSBORO

Borrower State

NC

Borrower Zip

27530-3502

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

161900.00

Current Approval Amount

161900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GOLDSBORO

Project County Name

WAYNE

Project State

NC

Project Zip

27530-3502

CD

NC-13

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

161900.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

162889.39

Forgiveness Date

11/24/2020

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