PPP Loan information for Dorey electric co

$296,100

Dorey electric co was initially approved for PPP Loan of amount $226,800, the current approved amount is $296,100. The loan was approved on 04/06/2020 by The Truist Bank reported 14 jobs and $296,100 was used to fund payroll.

Dorey electric co is Existing or more than 2 years old

PPP Loan Search / VA / NORFOLK / Dorey electric co

DOREY ELECTRIC CO

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DOREY ELECTRIC CO

Borrower Address

894 Widgeon Road

Borrower City

NORFOLK

Borrower State

VA

Borrower Zip

23513-3041

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

226800.00

Current Approval Amount

296100.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORFOLK

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23513-3041

CD

VA-03

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

296100.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

298427.67

Forgiveness Date

01/26/2021

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