PPP Loan information for Hall electric llc

$218,470

Hall electric llc was initially approved for PPP Loan of amount $218,470, the current approved amount is $218,470. The loan was approved on 02/23/2021 by The Powell Valley National Bank reported 28 jobs and $218,470 was used to fund payroll.

Hall electric llc is Existing or more than 2 years old

PPP Loan Search / VA / Norton / Hall electric llc

HALL ELECTRIC LLC

Date Approved

02/23/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

HALL ELECTRIC LLC

Borrower Address

550 Hawthorne Dr NE

Borrower City

Norton

Borrower State

VA

Borrower Zip

24273-2959

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

218470.00

Current Approval Amount

218470.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73477

Servicing Lender Name

Powell Valley National Bank

Servicing Lender Address

33785 Main St

Servicing Lender City

JONESVILLE

Servicing Lender State

VA

Servicing Lender Zip

24263

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Norton

Project County Name

WISE

Project State

VA

Project Zip

24273-2959

CD

VA-09

Jobs Reported

28

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

218469.00

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

Partnership

Originating Lender Location Id

73477

Originating Lender

Powell Valley National Bank

Originating Lender City

JONESVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

219301.98

Forgiveness Date

07/16/2021

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