Imperial Electric INC

$512,500 PPP Loan in Apex, North Carolina

Loan Details

Loan Number
8072367003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$512,500
Current Approval
$512,500
Forgiveness Amount
$515,461
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Imperial Electric INC
Address
416 Upchurch St
City
Apex
ZIP Code
27502-1882
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$15.8M
Rural/Urban
Urban
Congressional District
NC-13

Loan Use Breakdown

Payroll
$512,500

Lender Information

Servicing Lender
The Fidelity Bank
Originating Lender
The Fidelity Bank

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