PPP Loan information for Wester & pace electric inc

$52,100

Wester & pace electric inc was initially approved for PPP Loan of amount $52,100, the current approved amount is $52,100. The loan was approved on 05/11/2021 by The Mechanics & Farmers Bank reported 6 jobs and $52,100 was used to fund payroll.

Wester & pace electric inc is Existing or more than 2 years old

PPP Loan Search / NC / Sanford / Wester & pace electric inc

WESTER & PACE ELECTRIC INC

Date Approved

05/11/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WESTER & PACE ELECTRIC INC

Borrower Address

614 Leslie Rd

Borrower City

Sanford

Borrower State

NC

Borrower Zip

27332-2893

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52100.00

Current Approval Amount

52100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50708

Servicing Lender Name

Mechanics & Farmers Bank

Servicing Lender Address

2634 Durham-Chapel Hill Blvd

Servicing Lender City

DURHAM

Servicing Lender State

NC

Servicing Lender Zip

27707-2800

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sanford

Project County Name

HARNETT

Project State

NC

Project Zip

27332-2893

CD

NC-09

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52100.00

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

50708

Originating Lender

Mechanics & Farmers Bank

Originating Lender City

DURHAM

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52279.85

Forgiveness Date

09/17/2021

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