PPP Loan information for Avis electric company, inc.

$1,115,800

Avis electric company, inc. was initially approved for PPP Loan of amount $1,115,800, the current approved amount is $1,115,800. The loan was approved on 04/27/2020 by The Truist Bank reported 70 jobs and $1,115,800 was used to fund payroll.

Avis electric company, inc. is Existing or more than 2 years old

PPP Loan Search / VA / Mechanicsville / Avis electric company, inc.

AVIS ELECTRIC COMPANY, INC.

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

AVIS ELECTRIC COMPANY, INC.

Borrower Address

8434 Meadowbridge Road

Borrower City

Mechanicsville

Borrower State

VA

Borrower Zip

23116

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1115800.00

Current Approval Amount

1115800.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mechanicsville

Project County Name

HANOVER

Project State

VA

Project Zip

23116-0001

CD

VA-01

Jobs Reported

70

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1115800.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1127918.83

Forgiveness Date

06/02/2021

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