PPP Loan information for Kolb electric inc.

$1,329,100

Kolb electric inc. was initially approved for PPP Loan of amount $1,329,200, the current approved amount is $1,329,100. The loan was approved on 04/07/2020 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

PPP Loan Search / VA / LORTON / Kolb electric inc.

KOLB ELECTRIC INC.

Date Approved

04/07/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

KOLB ELECTRIC INC.

Borrower Address

8530 Cinder Bed Road

Borrower City

LORTON

Borrower State

VA

Borrower Zip

22079-1442

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1329200.00

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

22079-1442

CD

VA-11

Jobs Reported

110

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1329100.00

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

1347670.99

Forgiveness Date

09/10/2021

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