PPP Loan information for A & l electrical inc.

$702,083

A & l electrical inc. was initially approved for PPP Loan of amount $702,083, the current approved amount is $702,083. The loan was approved on 01/16/2021 by The Select Bank reported 32 jobs and $702,083 was used to fund payroll.

A & l electrical inc. is Existing or more than 2 years old

PPP Loan Search / VA / Forest / A & l electrical inc.

A & L ELECTRICAL INC.

Date Approved

01/16/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

A & L ELECTRICAL INC.

Borrower Address

1085 Venture Dr

Borrower City

Forest

Borrower State

VA

Borrower Zip

24551-2247

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

702082.50

Current Approval Amount

702082.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

447640

Servicing Lender Name

Select Bank

Servicing Lender Address

211 Gristmill Dr

Servicing Lender City

FOREST

Servicing Lender State

VA

Servicing Lender Zip

24551-2605

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Forest

Project County Name

BEDFORD

Project State

VA

Project Zip

24551-2247

CD

VA-05

Jobs Reported

32

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

702079.50

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

447640

Originating Lender

Select Bank

Originating Lender City

FOREST

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

708295.45

Forgiveness Date

12/09/2021

;