Summary of PPP (Paycheck Protection Program) Loan approved to ELECTRIC MOTOR SHOP OF WAKE FOREST INC by The Fidelity Bank. The loan was approved on 4/04/2020 in the range of $350,000-1 million.
| Name: |
ELECTRIC MOTOR SHOP OF WAKE FOREST INC1225 N. WHITE STREETWAKE FOREST, NC 27587 |
| Business type: | Subchapter S Corporation
Electrical Equipment, Appliance, and Component Manufacturing → Motor and Generator Manufacturing |
| Non-profit: | No |
| Loan amount: | $350,000-1 million
(50 Jobs retained) |
| Date approved: | April 04, 2020 |
| Lender | The Fidelity Bank |
The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.