PPP Loan information for Beneficial electrical associates inc

$281,800

Beneficial electrical associates inc was initially approved for PPP Loan of amount $281,800, the current approved amount is $281,800. The loan was approved on 04/28/2020 by The Village Bank reported 21 jobs and $281,800 was used to fund payroll.

Beneficial electrical associates inc is Existing or more than 2 years old

BENEFICIAL ELECTRICAL ASSOCIATES INC

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BENEFICIAL ELECTRICAL ASSOCIATES INC

Borrower Address

19931 PATRICK HENRY HIGHWAY

Borrower City

JETERSVILLE

Borrower State

VA

Borrower Zip

23083-2113

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

281800.00

Current Approval Amount

281800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124183

Servicing Lender Name

Village Bank

Servicing Lender Address

13319 Midlothian Tpke

Servicing Lender City

MIDLOTHIAN

Servicing Lender State

VA

Servicing Lender Zip

23113-4271

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JETERSVILLE

Project County Name

AMELIA

Project State

VA

Project Zip

23083-2113

CD

VA-05

Jobs Reported

21

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

281800.00

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

124183

Originating Lender

Village Bank

Originating Lender City

MIDLOTHIAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

284539.72

Forgiveness Date

04/19/2021

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