PPP Loan information for 1st choice electrical inc

$30,200

1st choice electrical inc was initially approved for PPP Loan of amount $30,200, the current approved amount is $30,200. The loan was approved on 04/28/2020 by The Blue Ridge Bank, National Association reported 2 jobs and $30,200 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

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

1ST CHOICE ELECTRICAL INC

Borrower Address

1214 Robertson Town Road

Borrower City

Bumpass

Borrower State

VA

Borrower Zip

23024

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30200.00

Current Approval Amount

30200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

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

23024-0001

CD

VA-05

Jobs Reported

2

NAICS Code

236116

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27250.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2950.00

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

28383.30

Forgiveness Date

12/23/2020

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