PPP Loan information for Wolfe mechanical & equipment co., inc

$496,000

Wolfe mechanical & equipment co., inc was initially approved for PPP Loan of amount $496,000, the current approved amount is $496,000. The loan was approved on 04/04/2020 by The First Palmetto Bank reported 37 jobs and $496,000 was used to fund payroll.

Wolfe mechanical & equipment co., inc is Existing or more than 2 years old

WOLFE MECHANICAL & EQUIPMENT CO., INC

Date Approved

04/04/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

WOLFE MECHANICAL & EQUIPMENT CO., INC

Borrower Address

423 Hwy 601 South

Borrower City

LUGOFF

Borrower State

SC

Borrower Zip

29078

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

496000.00

Current Approval Amount

496000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79252

Servicing Lender Name

First Palmetto Bank

Servicing Lender Address

407 DeKalb St

Servicing Lender City

CAMDEN

Servicing Lender State

SC

Servicing Lender Zip

29020-4437

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LUGOFF

Project County Name

KERSHAW

Project State

SC

Project Zip

29078-0001

CD

SC-05

Jobs Reported

37

NAICS Code

332312

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

425000.00

Mortgage Interest Proceed

29000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

32000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

79252

Originating Lender

First Palmetto Bank

Originating Lender City

CAMDEN

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

501552.44

Forgiveness Date

05/24/2021

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