Date Approved
06/16/2020
SBA Office Code
0304
Processing Method
PPP
Borrower Name
HUTCHINS ELECTRIC SERVICE LLC
Borrower Address
147 Mallard Dr
Borrower City
GALAX
Borrower State
VA
Borrower Zip
24333-5437
Loan Status Date
12/24/2020
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
43210.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
73473
Servicing Lender Name
Skyline National Bank
Servicing Lender Address
113 W Main St
Servicing Lender City
INDEPENDENCE
Servicing Lender State
Servicing Lender Zip
24348
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
New Business or 2 years or less
Project City
Project County Name
GALAX CITY
Project State
Project Zip
CD
VA-09
Jobs Reported
6
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
10802.50
Payroll Proceed
32407.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
43380.47
Forgiveness Date
11/12/2020