PPP Loan information for Kolb electric inc.

$1,329,100

Kolb electric inc. was initially approved for PPP Loan of amount $1,329,100, the current approved amount is $1,329,100. The loan was approved on 02/04/2021 by The Sandy Spring Bank reported 110 jobs and $1,329,100 was used to fund payroll.

Kolb electric inc. is Existing or more than 2 years old

KOLB ELECTRIC INC.

Date Approved

02/04/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

KOLB ELECTRIC INC.

Borrower Address

8530 Cinder Bed Rd Ste 1400

Borrower City

Lorton

Borrower State

VA

Borrower Zip

22079-1491

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1329100.00

Current Approval Amount

1329100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lorton

Project County Name

FAIRFAX

Project State

VA

Project Zip

22079-1491

CD

VA-11

Jobs Reported

110

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1329097.00

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

Subchapter S Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1343301.34

Forgiveness Date

03/10/2022

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