PPP Loan information for Luxterra electrical inc

$486,300

Luxterra electrical inc was initially approved for PPP Loan of amount $486,300, the current approved amount is $486,300. The loan was approved on 04/14/2020 by The Truist Bank reported 60 jobs and $486,300 was used to fund payroll.

Luxterra electrical inc is Existing or more than 2 years old

LUXTERRA ELECTRICAL INC

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LUXTERRA ELECTRICAL INC

Borrower Address

121 LEISURE RD

Borrower City

TOANO

Borrower State

VA

Borrower Zip

23168-9402

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

486300.00

Current Approval Amount

486300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TOANO

Project County Name

JAMES CITY

Project State

VA

Project Zip

23168-9402

CD

VA-01

Jobs Reported

60

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

486300.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

490541.62

Forgiveness Date

03/05/2021

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