PPP Loan information for E & l diamond electric cooling & heating co inc.

$237,800

E & l diamond electric cooling & heating co inc. was initially approved for PPP Loan of amount $237,800, the current approved amount is $237,800. The loan was approved on 04/08/2020 by The The National Bank of Blacksburg reported 29 jobs and $237,800 was used to fund payroll.

E & l diamond electric cooling & heating co inc. is Existing or more than 2 years old

E & L DIAMOND ELECTRIC COOLING & HEATING CO INC.

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

E & L DIAMOND ELECTRIC COOLING & HEATING CO INC.

Borrower Address

1000 S. MAIN ST.

Borrower City

GALAX

Borrower State

VA

Borrower Zip

24333-4408

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

237800.00

Current Approval Amount

237800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73099

Servicing Lender Name

The National Bank of Blacksburg

Servicing Lender Address

100 S Main St

Servicing Lender City

BLACKSBURG

Servicing Lender State

VA

Servicing Lender Zip

24060-4859

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GALAX

Project County Name

GALAX CITY

Project State

VA

Project Zip

24333-4408

CD

VA-09

Jobs Reported

29

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

178350.00

Payroll Proceed

59450.00

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

73099

Originating Lender

The National Bank of Blacksburg

Originating Lender City

BLACKSBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

240686.18

Forgiveness Date

07/02/2021

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