PPP Loan information for Maddox air & electrical, inc.

$635,600

Maddox air & electrical, inc. was initially approved for PPP Loan of amount $635,600, the current approved amount is $635,600. The loan was approved on 04/08/2020 by The Truist Bank reported 82 jobs and $635,600 was used to fund payroll.

Maddox air & electrical, inc. is Existing or more than 2 years old

PPP Loan Search / VA / LYNCHBURG / Maddox air & electrical, inc.

MADDOX AIR & ELECTRICAL, INC.

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MADDOX AIR & ELECTRICAL, INC.

Borrower Address

1110 McConville Road

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24502-4534

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

635600.00

Current Approval Amount

635600.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24502-4534

CD

VA-05

Jobs Reported

82

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

635600.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

639802.02

Forgiveness Date

12/14/2020

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