PPP Loan information for R w electric inc

$76,000

R w electric inc was initially approved for PPP Loan of amount $76,000, the current approved amount is $76,000. The loan was approved on 01/29/2021 by The Pendleton Community Bank, Inc. reported 5 jobs and $76,000 was used to fund payroll.

R w electric inc is Existing or more than 2 years old

R W ELECTRIC INC

Date Approved

01/29/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

R W ELECTRIC INC

Borrower Address

122 Electric Ave

Borrower City

Beckley

Borrower State

WV

Borrower Zip

25801-9774

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

76000.00

Current Approval Amount

76000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75118

Servicing Lender Name

Pendleton Community Bank, Inc.

Servicing Lender Address

128 N Main St

Servicing Lender City

FRANKLIN

Servicing Lender State

WV

Servicing Lender Zip

26807

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Beckley

Project County Name

RALEIGH

Project State

WV

Project Zip

25801-9774

CD

WV-01

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

76000.00

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

75118

Originating Lender

Pendleton Community Bank, Inc.

Originating Lender City

FRANKLIN

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

76905.75

Forgiveness Date

04/18/2022

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