M-W Electric Inc.

$351,173 PPP Loan in Red Springs, North Carolina

Loan Details

Loan Number
8781449009
Date Approved
May 28, 2021
Loan Status
Paid in Full
Initial Approval
$351,173
Current Approval
$351,173
Forgiveness Amount
$352,952
Forgiveness Date
Dec 6, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
M-W Electric Inc.
Address
312 W 4th Ave
ZIP Code
28377-1535
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$13.2M
Rural/Urban
Rural
Congressional District
NC-07

Loan Use Breakdown

Payroll
$351,168
Utilities
$1

Lender Information

Servicing Lender
Lumbee Guaranty Bank
Originating Lender
Lumbee Guaranty Bank

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