Electronic Data Magnetics INC
$972,500 PPP Loan in High Point, North Carolina
Loan Details
- Loan Number
- 8506207010
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $972,500
- Current Approval
- $928,115
- Forgiveness Amount
- $938,763
- Forgiveness Date
- Jun 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Electronic Data Magnetics INC
- Address
- 210 Old Thomasville Road
- City
- High Point
- State
- North Carolina
- ZIP Code
- 27260-8187
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (323111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 96
- Estimated Revenue
- $95.2M
- Rural/Urban
- Urban
- Congressional District
- NC-06
Loan Use Breakdown
- Payroll
- $928,115
Lender Information
- Servicing Lender
- Truist Bank
- Originating Lender
- Truist Bank
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