Bitting Electric INC

$638,500 PPP Loan in Cary, North Carolina

Loan Details

Loan Number
7340847008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$638,500
Current Approval
$638,500
Forgiveness Amount
$642,420
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Bitting Electric INC
Address
508 Old Apex Rd
City
Cary
ZIP Code
27511
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$14.8M
Rural/Urban
Urban
Congressional District
NC-02

Loan Use Breakdown

Payroll
$638,500

Lender Information

Servicing Lender
Townebank
Originating Lender
Townebank

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