PPP Loan information for Budget electrical & mechanical inc.

$292,217

Budget electrical & mechanical inc. was initially approved for PPP Loan of amount $292,217, the current approved amount is $292,217. The loan was approved on 01/28/2021 by The Atlantic Union Bank reported 26 jobs and $292,217 was used to fund payroll.

Budget electrical & mechanical inc. is Existing or more than 2 years old

PPP Loan Search / VA / Palmyra / Budget electrical & mechanical inc.

BUDGET ELECTRICAL & MECHANICAL INC.

Date Approved

01/28/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

BUDGET ELECTRICAL & MECHANICAL INC.

Borrower Address

13610 James Madison Highway 13610 James Madison Highway

Borrower City

Palmyra

Borrower State

VA

Borrower Zip

22963

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

292217.00

Current Approval Amount

292217.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Palmyra

Project County Name

FLUVANNA

Project State

VA

Project Zip

22963

CD

VA-05

Jobs Reported

26

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

292217.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

294213.82

Forgiveness Date

10/06/2021

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