PPP Loan information for H&m electric and construction inc.

$1,267,500

H&m electric and construction inc. was initially approved for PPP Loan of amount $1,267,500, the current approved amount is $1,267,500. The loan was approved on 02/05/2021 by The Freedom First FCU reported 116 jobs and $1,267,500 was used to fund payroll.

H&m electric and construction inc. is Existing or more than 2 years old

H&M ELECTRIC AND CONSTRUCTION INC.

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

1267500.00

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

VA

Servicing Lender Zip

24019-3002

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Covington

Project County Name

COVINGTON CITY

Project State

VA

Project Zip

24426-2016

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

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

107359

Originating Lender

Freedom First FCU

Originating Lender City

ROANOKE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1273485.42

Forgiveness Date

07/29/2021

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