Date Approved
02/05/2021
SBA Office Code
0304
Processing Method
PPS
Borrower Name
H&M ELECTRIC AND CONSTRUCTION INC.
Borrower Address
815 S Highland Ave
Borrower City
Covington
Borrower State
VA
Borrower Zip
24426-2016
Loan Status Date
08/12/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
1267500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
107359
Servicing Lender Name
Freedom First FCU
Servicing Lender Address
5240 Valleypark Dr
Servicing Lender City
ROANOKE
Servicing Lender State
Servicing Lender Zip
24019-3002
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
COVINGTON CITY
Project State
Project Zip
CD
VA-06
Jobs Reported
116
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
1267498.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1273485.42
Forgiveness Date
07/29/2021