PPP Loan information for Ireland electric company

$306,759

Ireland electric company was initially approved for PPP Loan of amount $306,759, the current approved amount is $306,759. The loan was approved on 02/25/2021 by The Southern Bank and Trust Company reported 21 jobs and $306,759 was used to fund payroll.

Ireland electric company is Existing or more than 2 years old

IRELAND ELECTRIC COMPANY

Date Approved

02/25/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

IRELAND ELECTRIC COMPANY

Borrower Address

528 S Military Hwy Ste B

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23464-1818

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

306759.00

Current Approval Amount

306759.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Virginia Beach

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23464-1818

CD

VA-02

Jobs Reported

21

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

306754.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

309170.47

Forgiveness Date

12/14/2021

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