Electronic Data Magnetics Inc.

$859,105 PPP Loan in High Point, North Carolina

Loan Details

Loan Number
4109318307
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$859,105
Current Approval
$859,105
Forgiveness Amount
$864,975
Forgiveness Date
Oct 6, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Electronic Data Magnetics Inc.
Address
210 Old Thomasville Rd
ZIP Code
27260-8187
Business Type
Corporation
Industry (NAICS)
Manufacturing (323111)
Business Age
Existing or more than 2 years old
Jobs Reported
70
Estimated Revenue
$69.4M
Rural/Urban
Urban
Congressional District
NC-06

Loan Use Breakdown

Payroll
$859,101
Utilities
$1

Lender Information

Servicing Lender
Triad Business Bank
Originating Lender
Triad Business Bank

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