Date Approved
03/12/2021
SBA Office Code
0304
Processing Method
PPS
Borrower Name
JD ELECTRIC LLC
Borrower Address
25 Park Pl
Borrower City
Lexington
Borrower State
VA
Borrower Zip
24450-3453
Loan Status Date
10/07/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
60400.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
462675
Servicing Lender Name
Cornerstone Bank
Servicing Lender Address
54 S Main St
Servicing Lender City
LEXINGTON
Servicing Lender State
Servicing Lender Zip
24450-2523
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ROCKBRIDGE
Project State
Project Zip
CD
VA-06
Jobs Reported
4
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
60398.00
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
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
60712.76
Forgiveness Date
09/22/2021