Abco South Electrical Construction & Design, LLC

$937,900 PPP Loan in High Point, North Carolina

Loan Details

Loan Number
3107897105
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$937,900
Current Approval
$937,900
Forgiveness Amount
$866,324
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Abco South Electrical Construction & Design, LLC
Address
436 South Rd
ZIP Code
27262-8155
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$13.2M
Rural/Urban
Urban
Congressional District
NC-06

Loan Use Breakdown

Payroll
$928,084
Rent
$5,000
Utilities
$4,816

Lender Information

Servicing Lender
Providence Bank & Trust
Originating Lender
Providence Bank and Trust

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