PPP Loan information for Alvis laing electric co

$145,091

Alvis laing electric co was initially approved for PPP Loan of amount $142,890, the current approved amount is $145,091. The loan was approved on 04/08/2020 by The Truist Bank reported 12 jobs and $145,091 was used to fund payroll.

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

ALVIS LAING ELECTRIC CO

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ALVIS LAING ELECTRIC CO

Borrower Address

115 INDUSTRIAL DR

Borrower City

CHRISTIANSBURG

Borrower State

VA

Borrower Zip

24073-2536

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

142890.00

Current Approval Amount

145091.00

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

12

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

145091.00

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

146501.61

Forgiveness Date

04/05/2021

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