PPP Loan information for Express electric company

$431,200

Express electric company was initially approved for PPP Loan of amount $431,200, the current approved amount is $431,200. The loan was approved on 04/06/2020 by The Village Bank reported 63 jobs and $431,200 was used to fund payroll.

Express electric company is New Business or 2 years or less

PPP Loan Search / VA / ASHLAND / Express electric company

EXPRESS ELECTRIC COMPANY

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

EXPRESS ELECTRIC COMPANY

Borrower Address

PO BOX

Borrower City

ASHLAND

Borrower State

VA

Borrower Zip

23005-5098

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

431200.00

Current Approval Amount

431200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124183

Servicing Lender Name

Village Bank

Servicing Lender Address

13319 Midlothian Tpke

Servicing Lender City

MIDLOTHIAN

Servicing Lender State

VA

Servicing Lender Zip

23113-4271

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ASHLAND

Project County Name

HANOVER

Project State

VA

Project Zip

23005-5098

CD

VA-05

Jobs Reported

63

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

431200.00

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

124183

Originating Lender

Village Bank

Originating Lender City

MIDLOTHIAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

437224.82

Forgiveness Date

09/02/2021

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