PPP Loan information for American regional electric inc

$21,990

American regional electric inc was initially approved for PPP Loan of amount $21,990, the current approved amount is $21,990. The loan was approved on 04/27/2020 by The MVB Bank, Inc. reported 3 jobs and $21,990 was used to fund payroll.

American regional electric inc is Existing or more than 2 years old

PPP Loan Search / WV / FAIRMONT / American regional electric inc

AMERICAN REGIONAL ELECTRIC INC

Date Approved

04/27/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

AMERICAN REGIONAL ELECTRIC INC

Borrower Address

PO BOX 189

Borrower City

FAIRMONT

Borrower State

WV

Borrower Zip

26555-0189

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21990.00

Current Approval Amount

21990.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123130

Servicing Lender Name

MVB Bank, Inc.

Servicing Lender Address

301 Virginia Ave

Servicing Lender City

FAIRMONT

Servicing Lender State

WV

Servicing Lender Zip

26554-2777

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FAIRMONT

Project County Name

MARION

Project State

WV

Project Zip

26555-0189

CD

WV-02

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

21990.00

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

Corporation

Originating Lender Location Id

123130

Originating Lender

MVB Bank, Inc.

Originating Lender City

FAIRMONT

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

22223.34

Forgiveness Date

05/19/2021

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