Canipe and Lynn Electric Motor Repair, INC

$69,227 PPP Loan in Hickory, North Carolina

Loan Details

Loan Number
2172147301
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$69,227
Current Approval
$69,227
Forgiveness Amount
$69,898
Forgiveness Date
Apr 22, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Canipe and Lynn Electric Motor Repair, INC
Address
1909 1st Ave
ZIP Code
28602
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
New Business or 2 years or less
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$69,227

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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