PPP Loan information for Piedmont electrical co inc

$124,800

Piedmont electrical co inc was initially approved for PPP Loan of amount $124,800, the current approved amount is $124,800. The loan was approved on 04/30/2020 by The Truist Bank reported 15 jobs and $124,800 was used to fund payroll.

Piedmont electrical co inc is Existing or more than 2 years old

PIEDMONT ELECTRICAL CO INC

Date Approved

04/30/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PIEDMONT ELECTRICAL CO INC

Borrower Address

11206 Leadbetter Road Ste.2

Borrower City

Ashland

Borrower State

VA

Borrower Zip

23005

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124800.00

Current Approval Amount

124800.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ashland

Project County Name

HANOVER

Project State

VA

Project Zip

23005-0001

CD

VA-05

Jobs Reported

15

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

124800.00

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

Non-Veteran

Non Profit

Forgiveness Amount

125635.47

Forgiveness Date

01/08/2021

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