PPP Loan information for R. g. electric company incorporated

$454,400

R. g. electric company incorporated was initially approved for PPP Loan of amount $454,400, the current approved amount is $454,400. The loan was approved on 01/20/2021 by The TowneBank reported 36 jobs and $454,400 was used to fund payroll.

R. g. electric company incorporated is Existing or more than 2 years old

PPP Loan Search / VA / Norfolk / R. g. electric company incorporated

R. G. ELECTRIC COMPANY INCORPORATED

Date Approved

01/20/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

R. G. ELECTRIC COMPANY INCORPORATED

Borrower Address

1225 W 26th St

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23508-2407

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

454400.00

Current Approval Amount

454400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23508-2407

CD

VA-03

Jobs Reported

36

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

454397.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

456949.69

Forgiveness Date

08/17/2021

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