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 04/08/2020 by The Southern Bank and Trust Company reported 23 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

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

IRELAND ELECTRIC COMPANY

Borrower Address

528 S MILITARY HWY SUITE B

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23464-1818

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

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

23

NAICS Code

221121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

306759.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

310388.98

Forgiveness Date

06/17/2021

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