PPP Loan information for Electromatics inc.

$48,244

Electromatics inc. was initially approved for PPP Loan of amount $46,000, the current approved amount is $48,244. The loan was approved on 03/01/2021 by The Primis Bank reported 5 jobs and $48,244 was used to fund payroll.

Electromatics inc. is Existing or more than 2 years old

PPP Loan Search / VA / Ashland / Electromatics inc.

ELECTROMATICS INC.

Date Approved

03/01/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ELECTROMATICS INC.

Borrower Address

11080 Leadbetter Rd

Borrower City

Ashland

Borrower State

VA

Borrower Zip

23005-3443

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46000.00

Current Approval Amount

48244.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434059

Servicing Lender Name

Primis Bank

Servicing Lender Address

307 Church Lane

Servicing Lender City

TAPPAHANNOCK

Servicing Lender State

VA

Servicing Lender Zip

22560

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ashland

Project County Name

HANOVER

Project State

VA

Project Zip

23005-3443

CD

VA-01

Jobs Reported

5

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48244.00

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

434059

Originating Lender

Primis Bank

Originating Lender City

TAPPAHANNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48612.77

Forgiveness Date

12/09/2021

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