Current business record

SYSTEM ELECTRIC CORPORATION

We found 2 public loan records at or above $150,000 in the current SBA release.

This is a historical government-data listing. It does not establish wrongdoing, eligibility, forgiveness, or the final amount disbursed.

Loan 1

$150,000–350,000
Filed business name
SYSTEM ELECTRIC CORPORATION
Approval date
Apr 30, 2020
Initial approval amount
$319,100.00
Current approval amount
$319,100.00
Loan status
Paid in Full (Aug 13, 2021)
Forgiveness amount
$323,034.11
Jobs reported
38
Address
3301 GLEN ROYAL RD
RALEIGH, NC 27617-7407
Lender
First-Citizens Bank & Trust Company
NAICS code
238210
Business type
Subchapter S Corporation
Congressional district
NC-02

Loan 2

$150,000–350,000
Filed business name
SYSTEM ELECTRIC CORPORATION
Approval date
Feb 5, 2021
Initial approval amount
$220,700.00
Current approval amount
$220,700.00
Loan status
Paid in Full (Aug 4, 2022)
Forgiveness amount
$223,898.64
Jobs reported
16
Address
3301 Glen Royal Rd
Raleigh, NC 27617-7407
Lender
First-Citizens Bank & Trust Company
NAICS code
541330
Business type
Subchapter S Corporation
Congressional district
NC-02