Wolfe Mechanical & Equipment Co., INC

$496,000 PPP Loan in Lugoff, South Carolina

Loan Details

Loan Number
4911977002
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$496,000
Current Approval
$496,000
Forgiveness Amount
$501,552
Forgiveness Date
May 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wolfe Mechanical & Equipment Co., INC
Address
423 Hwy 601 South
City
Lugoff
ZIP Code
29078
Business Type
Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$9.0M
Rural/Urban
Rural
Congressional District
SC-05

Loan Use Breakdown

Payroll
$425,000
Utilities
$10,000
Health Care
$32,000
Mortgage Interest
$29,000

Lender Information

Servicing Lender
First Palmetto Bank
Originating Lender
First Palmetto Bank

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