Archer Controls & Electric Inc.

$219,773 PPP Loan in Landis, North Carolina

Loan Details

Loan Number
3435648607
Date Approved
Mar 17, 2021
Loan Status
Paid in Full
Initial Approval
$219,773
Current Approval
$219,773
Forgiveness Amount
$221,080
Forgiveness Date
Oct 29, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Archer Controls & Electric Inc.
Address
702 S Chapel St
City
Landis
ZIP Code
28088-1828
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$6.3M
Rural/Urban
Rural
Congressional District
NC-08

Loan Use Breakdown

Payroll
$219,771
Utilities
$1

Lender Information

Servicing Lender
Farmers and Merchants Bank
Originating Lender
Farmers and Merchants Bank

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