PPP Loan information for F & r electric inc

$72,450

F & r electric inc was initially approved for PPP Loan of amount $72,450, the current approved amount is $72,450. The loan was approved on 04/01/2021 by The The National Bank of Blacksburg reported 12 jobs and $72,450 was used to fund payroll.

F & r electric inc is Existing or more than 2 years old

PPP Loan Search / VA / North Tazewell / F & r electric inc

F & R ELECTRIC INC

Date Approved

04/01/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

F & R ELECTRIC INC

Borrower Address

29835 Gov GC Peery Hwy

Borrower City

North Tazewell

Borrower State

VA

Borrower Zip

24630

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72450.00

Current Approval Amount

72450.00

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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

North Tazewell

Project County Name

TAZEWELL

Project State

VA

Project Zip

24630

CD

VA-09

Jobs Reported

12

NAICS Code

335312

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72450.00

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

72888.67

Forgiveness Date

11/15/2021

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