PPP Loan information for James river electric inc

$66,000

James river electric inc was initially approved for PPP Loan of amount $66,000, the current approved amount is $66,000. The loan was approved on 02/13/2021 by The New Horizon Bank, National Association reported 5 jobs and $66,000 was used to fund payroll.

James river electric inc is Existing or more than 2 years old

PPP Loan Search / VA / North Chesterfield / James river electric inc

JAMES RIVER ELECTRIC INC

Date Approved

02/13/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

JAMES RIVER ELECTRIC INC

Borrower Address

6132 Blest Ln

Borrower City

North Chesterfield

Borrower State

VA

Borrower Zip

23237-2295

Loan Status Date

06/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

66000.00

Current Approval Amount

66000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

470277

Servicing Lender Name

New Horizon Bank, National Association

Servicing Lender Address

1870 Stoneridge Commerce Dr

Servicing Lender City

POWHATAN

Servicing Lender State

VA

Servicing Lender Zip

23139-6640

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

North Chesterfield

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23237-2295

CD

VA-04

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

65995.00

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

Sole Proprietorship

Originating Lender Location Id

470277

Originating Lender

New Horizon Bank, National Association

Originating Lender City

POWHATAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

66820.93

Forgiveness Date

05/25/2022

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