B&M ELECTRIC MOTOR SERVICE, INC.

Summary of PPP (Paycheck Protection Program) Loan approved to B&M ELECTRIC MOTOR SERVICE, INC. by Truist Bank d/b/a Branch Banking & Trust Co. The loan was approved on 4/16/2020 in the range of $150,000-350,000.

Business Information

Name:

B&M ELECTRIC MOTOR SERVICE, INC.

20 17TH STREET PL NW
HICKORY, NC 28601
Business type: Subchapter S Corporation
Repair and Maintenance
→ Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
Non-profit: No
Loan amount: $150,000-350,000
(50 Jobs retained)
Date approved: April 16, 2020
Lender Truist Bank d/b/a Branch Banking & Trust Co

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

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.