Padco Excavating Inc.

$231,100 PPP Loan in Jefferson, North Carolina

Loan Details

Loan Number
2030427100
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$231,100
Current Approval
$231,100
Forgiveness Amount
$233,576
Forgiveness Date
May 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Padco Excavating Inc.
Address
1260 Old Hwy 16
ZIP Code
28640
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238910)
Business Age
New Business or 2 years or less
Jobs Reported
30
Estimated Revenue
$11.2M
Rural/Urban
Rural
Congressional District
NC-05

Loan Use Breakdown

Payroll
$231,100

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
First-Citizens Bank & Trust Company

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