Date Approved
04/09/2020
SBA Office Code
0304
Processing Method
PPP
Borrower Name
FRED R. ALLEN ELECTRICAL SERVICE, INC.
Borrower Address
2498 TURNER RD
Borrower City
GOOCHLAND
Borrower State
VA
Borrower Zip
23063-2601
Loan Status Date
02/23/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
48200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
73259
Servicing Lender Name
United Bank
Servicing Lender Address
11185 Fairfax Blvd
Servicing Lender City
FAIRFAX
Servicing Lender State
Servicing Lender Zip
22030-5049
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
VA-05
Jobs Reported
4
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
532.00
Payroll Proceed
42768.00
Mortgage Interest Proceed
Rent Proceed
2400.00
Refinance EIDL Proceed
Health Care Proceed
2500.00
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
44463.97
Forgiveness Date
11/19/2020