Piedmont Electric Motor Repair of Asheboro Inc.
$252,000 PPP Loan in Asheboro, North Carolina
Loan Details
- Loan Number
- 1779328501
- Date Approved
- Feb 19, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $252,000
- Current Approval
- $252,000
- Forgiveness Amount
- $254,086
- Forgiveness Date
- Dec 23, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Piedmont Electric Motor Repair of Asheboro Inc.
- Address
- 4635 US Highway 220 Bus N
- City
- Asheboro
- State
- North Carolina
- ZIP Code
- 27203-3331
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 34
- Estimated Revenue
- $8.3M
- Rural/Urban
- Rural
- Congressional District
- NC-09
Loan Use Breakdown
- Payroll
- $251,998
- Utilities
- $1
Lender Information
- Servicing Lender
- First Bank
- Originating Lender
- First Bank
Other PPP Loans in Asheboro, NC
| Business | Approved | |
|---|---|---|
| Pugh Lubricants LLC | $4,101,600 | |
| Carolina Precision Plastics LLC | $2,811,375 | |
| J. P. Thomas & Co., Incorporated | $1,956,834 | |
| Mas US Holdings INC | $1,950,000 | |
| Wolfe Financial, Inc. | $1,598,300 |
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