Piedmont Electric Motor Repair Inc. of Asheboro

$241,100 PPP Loan in Asheboro, North Carolina

Loan Details

Loan Number
9298767002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$241,100
Current Approval
$241,100
Forgiveness Amount
$243,685
Forgiveness Date
May 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Piedmont Electric Motor Repair Inc. of Asheboro
Address
4635 US Hwy 220 Business N
ZIP Code
27203
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NC-13

Loan Use Breakdown

Payroll
$241,100

Lender Information

Servicing Lender
First Bank
Originating Lender
First Bank

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