PPP Loan information for First energy corporation

$38,541

First energy corporation was initially approved for PPP Loan of amount $38,541, the current approved amount is $38,541. The loan was approved on 05/08/2020 by The Truist Bank reported 3 jobs and $38,541 was used to fund payroll.

First energy corporation is Existing or more than 2 years old

PPP Loan Search / VA / South Hill / First energy corporation

FIRST ENERGY CORPORATION

Date Approved

05/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FIRST ENERGY CORPORATION

Borrower Address

1428 W Danville ST

Borrower City

South Hill

Borrower State

VA

Borrower Zip

23970

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38541.00

Current Approval Amount

38541.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Hill

Project County Name

MECKLENBURG

Project State

VA

Project Zip

23970-0001

CD

VA-05

Jobs Reported

3

NAICS Code

454310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38541.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38989.57

Forgiveness Date

07/08/2021

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