PPP Loan information for Blackwater electric company, inc.

$1,500,200

Blackwater electric company, inc. was initially approved for PPP Loan of amount $1,500,200, the current approved amount is $1,500,200. The loan was approved on 04/07/2020 by The Atlantic Union Bank reported 110 jobs and $1,500,200 was used to fund payroll.

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

PPP Loan Search / VA / CHESAPEAKE / Blackwater electric company, inc.

BLACKWATER ELECTRIC COMPANY, INC.

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BLACKWATER ELECTRIC COMPANY, INC.

Borrower Address

807 Professional Place West

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23320-3833

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1500200.00

Current Approval Amount

1500200.00

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

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23320-3833

CD

VA-03

Jobs Reported

110

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1500200.00

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

1509367.89

Forgiveness Date

11/17/2020

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