PPP Loan information for Corell electrical contractors, inc.

$569,608

Corell electrical contractors, inc. was initially approved for PPP Loan of amount $569,608, the current approved amount is $569,608. The loan was approved on 04/14/2020 by The Pinnacle Bank reported 85 jobs and $569,608 was used to fund payroll.

Corell electrical contractors, inc. is Existing or more than 2 years old

PPP Loan Search / VA / SALEM / Corell electrical contractors, inc.

CORELL ELECTRICAL CONTRACTORS, INC.

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CORELL ELECTRICAL CONTRACTORS, INC.

Borrower Address

348 PENNSYLVANIA AVE

Borrower City

SALEM

Borrower State

VA

Borrower Zip

24153

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

569607.50

Current Approval Amount

569607.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

SALEM

Project State

VA

Project Zip

24153-0001

CD

VA-06

Jobs Reported

85

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

569607.50

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

572947.12

Forgiveness Date

11/23/2020

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