PPP Loan information for Young's electric inc

$125,500

Young's electric inc was initially approved for PPP Loan of amount $125,500, the current approved amount is $125,500. The loan was approved on 02/11/2021 by The First National Bank of Pennsylvania reported 15 jobs and $125,500 was used to fund payroll.

Young's electric inc is Existing or more than 2 years old

YOUNG'S ELECTRIC INC

Date Approved

02/11/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

YOUNG'S ELECTRIC INC

Borrower Address

10590 NC 210 N

Borrower City

ANGIER

Borrower State

NC

Borrower Zip

27501

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

125500.00

Current Approval Amount

125500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANGIER

Project County Name

HARNETT

Project State

NC

Project Zip

27501

CD

NC-02

Jobs Reported

15

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

125500.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

125963.65

Forgiveness Date

06/30/2021

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