PPP Loan information for Appalachian electrical contractors

$49,500

Appalachian electrical contractors was initially approved for PPP Loan of amount $49,500, the current approved amount is $49,500. The loan was approved on 04/10/2020 by The The First Bank and Trust Company reported 9 jobs and $49,500 was used to fund payroll.

Appalachian electrical contractors is Existing or more than 2 years old

APPALACHIAN ELECTRICAL CONTRACTORS

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

APPALACHIAN ELECTRICAL CONTRACTORS

Borrower Address

5405 Gray Wolf Rd

Borrower City

WISE

Borrower State

VA

Borrower Zip

24293-4577

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49500.00

Current Approval Amount

49500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WISE

Project County Name

WISE

Project State

VA

Project Zip

24293-4577

CD

VA-09

Jobs Reported

9

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49500.00

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

Sole Proprietorship

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49982.62

Forgiveness Date

04/08/2021

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