PPP Loan information for Buchanan electric, inc.

$30,700

Buchanan electric, inc. was initially approved for PPP Loan of amount $30,700, the current approved amount is $30,700. The loan was approved on 04/15/2020 by The New Peoples Bank, Inc. reported 7 jobs and $30,700 was used to fund payroll.

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

PPP Loan Search / VA / NORTON / Buchanan electric, inc.

BUCHANAN ELECTRIC, INC.

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BUCHANAN ELECTRIC, INC.

Borrower Address

654 PO BOX 654

Borrower City

NORTON

Borrower State

VA

Borrower Zip

24273-0654

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30700.00

Current Approval Amount

30700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTON

Project County Name

NORTON CITY

Project State

VA

Project Zip

24273-0654

CD

VA-09

Jobs Reported

7

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

30700.00

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

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

31081.19

Forgiveness Date

07/15/2021

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