PPP Loan information for 1st choice electrical inc

$25,488

1st choice electrical inc was initially approved for PPP Loan of amount $25,488, the current approved amount is $25,488. The loan was approved on 02/04/2021 by The Loan Source Incorporated reported 2 jobs and $25,488 was used to fund payroll.

1st choice electrical inc is Existing or more than 2 years old

PPP Loan Search / VA / Bumpass / 1st choice electrical inc

1ST CHOICE ELECTRICAL INC

Date Approved

02/04/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

1ST CHOICE ELECTRICAL INC

Borrower Address

1214 Robertson Town Rd

Borrower City

Bumpass

Borrower State

VA

Borrower Zip

23024-2360

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25487.50

Current Approval Amount

25487.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bumpass

Project County Name

LOUISA

Project State

VA

Project Zip

23024-2360

CD

VA-05

Jobs Reported

2

NAICS Code

236116

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

25486.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

25750.06

Forgiveness Date

03/23/2022

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