PPP Loan information for Mcgrady-lambert electric inc.

$136,000

Mcgrady-lambert electric inc. was initially approved for PPP Loan of amount $136,000, the current approved amount is $136,000. The loan was approved on 04/28/2020 by The First-Citizens Bank & Trust Company reported 20 jobs and $136,000 was used to fund payroll.

Mcgrady-lambert electric inc. is New Business or 2 years or less

PPP Loan Search / VA / SALEM / Mcgrady-lambert electric inc.

MCGRADY-LAMBERT ELECTRIC INC.

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MCGRADY-LAMBERT ELECTRIC INC.

Borrower Address

1505 MILL RACE DR

Borrower City

SALEM

Borrower State

VA

Borrower Zip

24153-3137

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136000.00

Current Approval Amount

136000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SALEM

Project County Name

SALEM

Project State

VA

Project Zip

24153-3137

CD

VA-06

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

136000.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

137468.05

Forgiveness Date

06/03/2021

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