Oak Ridge Electric, Inc.

$142,500 PPP Loan in Oak Ridge, North Carolina

Loan Details

Loan Number
4577417307
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$142,500
Current Approval
$142,500
Forgiveness Amount
$143,668
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Oak Ridge Electric, Inc.
Address
6740 Sandylea Rd
ZIP Code
27310
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NC-06

Loan Use Breakdown

Payroll
$132,500
Refinance EIDL
$10,000

Lender Information

Servicing Lender
Bank of Oak Ridge
Originating Lender
Bank of Oak Ridge

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