PPP Loan information for Branham electric corporation

$90,860

Branham electric corporation was initially approved for PPP Loan of amount $90,860, the current approved amount is $90,860. The loan was approved on 04/06/2020 by The Southern Bank and Trust Company reported 10 jobs and $90,860 was used to fund payroll.

Branham electric corporation is Existing or more than 2 years old

BRANHAM ELECTRIC CORPORATION

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BRANHAM ELECTRIC CORPORATION

Borrower Address

4113 S MILITARY HWY

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23321-2701

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90860.00

Current Approval Amount

90860.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23321-2701

CD

VA-02

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90860.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

91766.08

Forgiveness Date

04/12/2021

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