B & M Electric Motor Service INC

$207,859 PPP Loan in Hickory, North Carolina

Loan Details

Loan Number
2496908503
Date Approved
Feb 20, 2021
Loan Status
Paid in Full
Initial Approval
$207,859
Current Approval
$207,859
Forgiveness Amount
$208,875
Forgiveness Date
Aug 18, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
B & M Electric Motor Service INC
Address
20 17th Street Pl NW
ZIP Code
28601-5819
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$207,859

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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