PPP Loan information for Beckstrom electric co., inc

$1,500,000

Beckstrom electric co., inc was initially approved for PPP Loan of amount $1,500,000, the current approved amount is $1,500,000. The loan was approved on 04/15/2020 by The Atlantic Union Bank reported 107 jobs and $1,500,000 was used to fund payroll.

Beckstrom electric co., inc is New Business or 2 years or less

BECKSTROM ELECTRIC CO., INC

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

BECKSTROM ELECTRIC CO., INC

Borrower Address

37277 East Richardson Lane

Borrower City

Purcellville

Borrower State

VA

Borrower Zip

20132

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1500000.00

Current Approval Amount

1500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Purcellville

Project County Name

LOUDOUN

Project State

VA

Project Zip

20132-1700

CD

VA-10

Jobs Reported

107

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1500000.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1509708.33

Forgiveness Date

12/10/2020

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