Walts Electric Motors Corp.

$19,300 PPP Loan in Hayesville, North Carolina

Loan Details

Loan Number
9606647004
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$19,300
Current Approval
$19,300
Forgiveness Amount
$19,412
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Walts Electric Motors Corp.
Address
3697 Hwy 64 W
ZIP Code
28904
Business Type
Corporation
Industry (NAICS)
Manufacturing (335312)
Business Age
New Business or 2 years or less
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NC-11

Loan Use Breakdown

Payroll
$19,300

Lender Information

Servicing Lender
United Community Bank
Originating Lender
United Community Bank

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