Shugart Electric INC

$488,010 PPP Loan in Greensboro, North Carolina

Loan Details

Loan Number
9393428903
Date Approved
May 12, 2021
Loan Status
Paid in Full
Initial Approval
$488,010
Current Approval
$488,010
Forgiveness Amount
$491,433
Forgiveness Date
Mar 15, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Shugart Electric INC
Address
3131 Cedar Park Rd N/a
ZIP Code
27405-9657
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$12.8M
Rural/Urban
Urban
Congressional District
NC-06

Loan Use Breakdown

Payroll
$488,010

Lender Information

Servicing Lender
Customers Bank
Originating Lender
Leader Bank, National Association

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