Shugart Electric Inc.
$467,800 PPP Loan in Lexington, North Carolina
Loan Details
- Loan Number
- 5002667305
- Date Approved
- Apr 30, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $467,800
- Current Approval
- $467,800
- Forgiveness Amount
- $473,209
- Forgiveness Date
- Jul 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Shugart Electric Inc.
- Address
- 195 Hummingbird Pass
- City
- Lexington
- State
- North Carolina
- ZIP Code
- 27295
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 39
- Estimated Revenue
- $12.8M
- Rural/Urban
- Rural
- Congressional District
- NC-08
Loan Use Breakdown
- Payroll
- $467,800
Lender Information
- Servicing Lender
- First-Citizens Bank & Trust Company
- Originating Lender
- First-Citizens Bank & Trust Company
Other PPP Loans in Lexington, NC
| Business | Approved | |
|---|---|---|
| National Equipment Dealers, LLC | $3,851,800 | |
| Bradley Personnel INC | $3,346,800 | |
| Davidson Water, Inc. | $1,117,200 | |
| Golden Age of Lexington INC | $1,020,485 | |
| Hospice of Davidson County, North Carolina, Inc. | $890,815 |
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