PPP Loan information for Hales electrical service, inc

$147,538

Hales electrical service, inc was initially approved for PPP Loan of amount $147,538, the current approved amount is $147,538. The loan was approved on 04/13/2020 by The Benchmark Community Bank reported 18 jobs and $147,538 was used to fund payroll.

Hales electrical service, inc is Existing or more than 2 years old

PPP Loan Search / VA / NORTH DINWIDDIE / Hales electrical service, inc

HALES ELECTRICAL SERVICE, INC

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

HALES ELECTRICAL SERVICE, INC

Borrower Address

23194 AIRPORT ST

Borrower City

NORTH DINWIDDIE

Borrower State

VA

Borrower Zip

23803-6915

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

147537.80

Current Approval Amount

147537.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73481

Servicing Lender Name

Benchmark Community Bank

Servicing Lender Address

204 S Broad St

Servicing Lender City

KENBRIDGE

Servicing Lender State

VA

Servicing Lender Zip

23944

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH DINWIDDIE

Project County Name

DINWIDDIE

Project State

VA

Project Zip

23803-6915

CD

VA-04

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

110653.35

Mortgage Interest Proceed

36884.45

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

73481

Originating Lender

Benchmark Community Bank

Originating Lender City

KENBRIDGE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

148362.39

Forgiveness Date

11/12/2020

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