Kwik Electric Motor Sales & Service INC

$93,500 PPP Loan in Elizabeth City, North Carolina

Loan Details

Loan Number
4732067103
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$93,500
Current Approval
$93,749
Forgiveness Amount
$94,585
Forgiveness Date
Mar 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kwik Electric Motor Sales & Service INC
Address
511 Witherspoon St
ZIP Code
27909-5265
Business Type
Corporation
Industry (NAICS)
Manufacturing (336390)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NC-01

Loan Use Breakdown

Payroll
$93,749

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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