PPP Loan information for Raw electric

$232,683

Raw electric was initially approved for PPP Loan of amount $232,683, the current approved amount is $232,683. The loan was approved on 04/11/2020 by The City National Bank of West Virginia reported 10 jobs and $232,683 was used to fund payroll.

Raw electric is New Business or 2 years or less

PPP Loan Search / WV / PRINCETON / Raw electric

RAW ELECTRIC

Date Approved

04/11/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

RAW ELECTRIC

Borrower Address

974 GREASY RIDGE RD

Borrower City

PRINCETON

Borrower State

WV

Borrower Zip

24739-6909

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

232682.50

Current Approval Amount

232682.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74995

Servicing Lender Name

City National Bank of West Virginia

Servicing Lender Address

3601 MacCorkle Ave SE

Servicing Lender City

Charleston

Servicing Lender State

WV

Servicing Lender Zip

25304

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PRINCETON

Project County Name

MERCER

Project State

WV

Project Zip

24739-6909

CD

WV-01

Jobs Reported

10

NAICS Code

541490

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

41882.85

Payroll Proceed

186146.00

Mortgage Interest Proceed

4653.65

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

74995

Originating Lender

City National Bank of West Virginia

Originating Lender City

Charleston

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

234201.40

Forgiveness Date

12/09/2020

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