PPP Loan information for Lam electric

$17,100

Lam electric was initially approved for PPP Loan of amount $17,100, the current approved amount is $17,100. The loan was approved on 04/27/2020 by The Virginia National Bank reported 1 jobs and $17,100 was used to fund payroll.

Lam electric is Existing or more than 2 years old

LAM ELECTRIC

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LAM ELECTRIC

Borrower Address

7940 BLENHEIM RD

Borrower City

SCOTTSVILLE

Borrower State

VA

Borrower Zip

24590-3904

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17100.00

Current Approval Amount

17100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123036

Servicing Lender Name

Virginia National Bank

Servicing Lender Address

222 E Main St

Servicing Lender City

CHARLOTTESVILLE

Servicing Lender State

VA

Servicing Lender Zip

22902-5232

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SCOTTSVILLE

Project County Name

ALBEMARLE

Project State

VA

Project Zip

24590-3904

CD

VA-05

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

17100.00

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

123036

Originating Lender

Virginia National Bank

Originating Lender City

CHARLOTTESVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17232.05

Forgiveness Date

02/02/2021

;