As part of the Paycheck Protection Program MCCARTER ELECTRICAL COMPANY was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

MCCARTER ELECTRICAL COMPANY


Loan Amount	$1,175,900
BusinessName	MCCARTER ELECTRICAL COMPANY
Address	516 HILLSIDE AVE
City	LAURINBURG
State	NC
Zip	28352
NAICSCode	238210
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	133
DateApproved	04/14/2020
Lender	Truist Bank d/b/a Branch Banking & Trust Co
CD	NC-09
BusinessName.clean	MCCARTER ELECTRICAL COMPANY

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

MCCARTER THEATRE COMPANY
MCCARTHY HOLTHUS L
MCCARTHY SMITH
MCCARTHY CHEVROLET
MCCARTHY CONCRETE