Sears Contract INC

$2,487,700 PPP Loan in Raleigh, North Carolina

Loan Details

Loan Number
9876957003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$2,487,700
Current Approval
$2,487,700
Forgiveness Amount
$2,516,394
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sears Contract INC
Address
Po Box 33429
ZIP Code
27636
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238310)
Business Age
New Business or 2 years or less
Jobs Reported
225
Estimated Revenue
$56.8M
Rural/Urban
Urban
Congressional District
NC-02

Loan Use Breakdown

Payroll
$2,487,700

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
First-Citizens Bank & Trust Company

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