PPP Loan information for Contemporary electrical services inc.

$1,999,900

Contemporary electrical services inc. was initially approved for PPP Loan of amount $1,999,900, the current approved amount is $1,999,900. The loan was approved on 01/29/2021 by The MVB Bank, Inc. reported 217 jobs and $1,999,900 was used to fund payroll.

Contemporary electrical services inc. is Existing or more than 2 years old

CONTEMPORARY ELECTRICAL SERVICES INC.

Date Approved

01/29/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

CONTEMPORARY ELECTRICAL SERVICES INC.

Borrower Address

1954 Isaac Newton Sq W

Borrower City

Reston

Borrower State

VA

Borrower Zip

20190-5001

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1999900.00

Current Approval Amount

1999900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123130

Servicing Lender Name

MVB Bank, Inc.

Servicing Lender Address

301 Virginia Ave

Servicing Lender City

FAIRMONT

Servicing Lender State

WV

Servicing Lender Zip

26554-2777

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Reston

Project County Name

FAIRFAX

Project State

VA

Project Zip

20190-5001

CD

VA-11

Jobs Reported

217

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1999900.00

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

123130

Originating Lender

MVB Bank, Inc.

Originating Lender City

FAIRMONT

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2016954.70

Forgiveness Date

12/08/2021

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