PPP Loan information for Hivolts electrical inc

$1,246,725

Hivolts electrical inc was initially approved for PPP Loan of amount $1,246,725, the current approved amount is $1,246,725. The loan was approved on 02/12/2021 by The MVB Bank, Inc. reported 150 jobs and $1,246,725 was used to fund payroll.

Hivolts electrical inc is Existing or more than 2 years old

PPP Loan Search / NY / Brooklyn / Hivolts electrical inc

HIVOLTS ELECTRICAL INC

Date Approved

02/12/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

HIVOLTS ELECTRICAL INC

Borrower Address

75 Huntington St

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11231-0877

Loan Status Date

04/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1246725.00

Current Approval Amount

1246725.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123130

Servicing Lender Name

MVB Bank, Inc.

Servicing Lender Address

301 Virginia Ave

Servicing Lender City

FAIRMONT

Servicing Lender State

WV

Servicing Lender Zip

26554-2777

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11231-0877

CD

NY-10

Jobs Reported

150

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1246725.00

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

Corporation

Originating Lender Location Id

123130

Originating Lender

MVB Bank, Inc.

Originating Lender City

FAIRMONT

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1259815.61

Forgiveness Date

03/10/2022

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