PPP Loan information for Clark electrical service, inc

$107,500

Clark electrical service, inc was initially approved for PPP Loan of amount $107,500, the current approved amount is $107,500. The loan was approved on 04/04/2020 by The First Bank reported 11 jobs and $107,500 was used to fund payroll.

Clark electrical service, inc is Existing or more than 2 years old

PPP Loan Search / VA / FINCASTLE / Clark electrical service, inc

CLARK ELECTRICAL SERVICE, INC

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CLARK ELECTRICAL SERVICE, INC

Borrower Address

370 Farmers Road

Borrower City

FINCASTLE

Borrower State

VA

Borrower Zip

24090-3264

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107500.00

Current Approval Amount

107500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73903

Servicing Lender Name

First Bank

Servicing Lender Address

112 W King St

Servicing Lender City

STRASBURG

Servicing Lender State

VA

Servicing Lender Zip

22657-2220

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FINCASTLE

Project County Name

BOTETOURT

Project State

VA

Project Zip

24090-3264

CD

VA-06

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13375.00

Payroll Proceed

80625.00

Mortgage Interest Proceed

0.00

Rent Proceed

2200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11300.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73903

Originating Lender

First Bank

Originating Lender City

STRASBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108392.85

Forgiveness Date

02/04/2021

;