PPP Loan information for Gray electric inc.

$94,840

Gray electric inc. was initially approved for PPP Loan of amount $94,840, the current approved amount is $94,840. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 7 jobs and $94,840 was used to fund payroll.

Gray electric inc. is New Business or 2 years or less

PPP Loan Search / VA / SUFFOLK / Gray electric inc.

GRAY ELECTRIC INC.

Date Approved

05/01/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

GRAY ELECTRIC INC.

Borrower Address

1980 NORTHGATE COMMERCE PKWY STE 6D

Borrower City

SUFFOLK

Borrower State

VA

Borrower Zip

23435-3432

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94840.00

Current Approval Amount

94840.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SUFFOLK

Project County Name

SUFFOLK CITY

Project State

VA

Project Zip

23435-3432

CD

VA-02

Jobs Reported

7

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

94840.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

85539.64

Forgiveness Date

03/01/2021

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