PPP Loan information for Electric power, inc.

$1,288,185

Electric power, inc. was initially approved for PPP Loan of amount $1,288,185, the current approved amount is $1,288,185. The loan was approved on 04/30/2020 by The Truist Bank reported 62 jobs and $1,288,185 was used to fund payroll.

Electric power, inc. is Existing or more than 2 years old

PPP Loan Search / VA / Chester / Electric power, inc.

ELECTRIC POWER, INC.

Date Approved

04/30/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ELECTRIC POWER, INC.

Borrower Address

1351 West Hundred Road

Borrower City

Chester

Borrower State

VA

Borrower Zip

23836

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1288185.00

Current Approval Amount

1288185.00

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

Chester

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23836-2400

CD

VA-04

Jobs Reported

62

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1288185.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1298096.87

Forgiveness Date

03/02/2021

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