PPP Loan information for Commercial electric inc

$283,050

Commercial electric inc was initially approved for PPP Loan of amount $283,050, the current approved amount is $283,050. The loan was approved on 03/13/2021 by The Truist Bank reported 12 jobs and $283,050 was used to fund payroll.

Commercial electric inc is Existing or more than 2 years old

PPP Loan Search / VA / North Chesterfield / Commercial electric inc

COMMERCIAL ELECTRIC INC

Date Approved

03/13/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

COMMERCIAL ELECTRIC INC

Borrower Address

8807 Metro Ct

Borrower City

North Chesterfield

Borrower State

VA

Borrower Zip

23237-2943

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

283050.00

Current Approval Amount

283050.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Chesterfield

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23237-2943

CD

VA-04

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

283047.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

286808.27

Forgiveness Date

07/18/2022

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