Date Approved
04/15/2020
SBA Office Code
0304
Processing Method
PPP
Borrower Name
PM ELECTRIC INC.
Borrower Address
521 Central Drive,
Borrower City
Virginia Beach
Borrower State
VA
Borrower Zip
23454
Loan Status Date
03/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
281487.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
122517
Servicing Lender Name
Atlantic Union Bank
Servicing Lender Address
1051 E Cary St, Ste 103
Servicing Lender City
RICHMOND
Servicing Lender State
Servicing Lender Zip
23219-4029
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
New Business or 2 years or less
Project City
Project County Name
VIRGINIA BEACH CITY
Project State
Project Zip
23454-0001
CD
VA-02
Jobs Reported
28
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
272995.26
Forgiveness Date
11/23/2020