PPP Loan information for Hall electric, llc

$218,400

Hall electric, llc was initially approved for PPP Loan of amount $218,400, the current approved amount is $218,400. The loan was approved on 04/04/2020 by The Powell Valley National Bank reported 33 jobs and $218,400 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

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

HALL ELECTRIC, LLC

Borrower Address

550 HAWTHORNE DRIVE

Borrower City

NORTON

Borrower State

VA

Borrower Zip

24273

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

218400.00

Current Approval Amount

218400.00

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTON

Project County Name

NORTON CITY

Project State

VA

Project Zip

24273-0001

CD

VA-09

Jobs Reported

33

NAICS Code

531110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

218400.00

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

209701.79

Forgiveness Date

11/25/2020

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