PPP Loan information for Electronic development laboratories inc

$249,500

Electronic development laboratories inc was initially approved for PPP Loan of amount $249,500, the current approved amount is $249,500. The loan was approved on 04/10/2020 by The URW Community FCU reported 22 jobs and $249,500 was used to fund payroll.

Electronic development laboratories inc is Existing or more than 2 years old

ELECTRONIC DEVELOPMENT LABORATORIES INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ELECTRONIC DEVELOPMENT LABORATORIES INC

Borrower Address

244 OAKLAND DRIVE

Borrower City

DANVILLE

Borrower State

VA

Borrower Zip

24540-7342

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

249500.00

Current Approval Amount

249500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

107405

Servicing Lender Name

URW Community FCU

Servicing Lender Address

539 Arnett Blvd

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24540-2519

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANVILLE

Project County Name

DANVILLE CITY

Project State

VA

Project Zip

24540-7342

CD

VA-05

Jobs Reported

22

NAICS Code

334513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

249500.00

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

107405

Originating Lender

URW Community FCU

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

173706.11

Forgiveness Date

09/24/2021

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