PPP Loan information for It's electric inc

$350,000

It's electric inc was initially approved for PPP Loan of amount $350,000, the current approved amount is $350,000. The loan was approved on 04/08/2020 by The BayFirst National Bank reported 40 jobs and $350,000 was used to fund payroll.

It's electric inc is Existing or more than 2 years old

PPP Loan Search / VA / CHESAPEAKE / It's electric inc

IT'S ELECTRIC INC

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

IT'S ELECTRIC INC

Borrower Address

3811 COOK BLVD STE 104

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23323-1605

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

350000.00

Current Approval Amount

350000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123499

Servicing Lender Name

BayFirst National Bank

Servicing Lender Address

700 Central Avenue

Servicing Lender City

Saint Petersburg

Servicing Lender State

FL

Servicing Lender Zip

33701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23323-1605

CD

VA-03

Jobs Reported

40

NAICS Code

236210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

350000.00

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

123499

Originating Lender

BayFirst National Bank

Originating Lender City

Saint Petersburg

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

352090.41

Forgiveness Date

12/02/2020

;