PPP Loan information for Alvis-laing electric co.

$140,340

Alvis-laing electric co. was initially approved for PPP Loan of amount $140,340, the current approved amount is $140,340. The loan was approved on 02/20/2021 by The Truist Bank reported 16 jobs and $140,340 was used to fund payroll.

Alvis-laing electric co. is Existing or more than 2 years old

ALVIS-LAING ELECTRIC CO.

Date Approved

02/20/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ALVIS-LAING ELECTRIC CO.

Borrower Address

115 Industrial Dr

Borrower City

Christiansburg

Borrower State

VA

Borrower Zip

24073-2536

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

140340.09

Current Approval Amount

140340.09

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Christiansburg

Project County Name

MONTGOMERY

Project State

VA

Project Zip

24073-2536

CD

VA-09

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

140337.09

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

141022.30

Forgiveness Date

08/19/2021

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