PPP Loan information for Regional electrical contractors, inc

$240,100

Regional electrical contractors, inc was initially approved for PPP Loan of amount $249,800, the current approved amount is $240,100. The loan was approved on 04/27/2020 by The Primis Bank reported 15 jobs and $240,100 was used to fund payroll.

Regional electrical contractors, inc is Existing or more than 2 years old

PPP Loan Search / MD / Brandywine / Regional electrical contractors, inc

REGIONAL ELECTRICAL CONTRACTORS, INC

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

REGIONAL ELECTRICAL CONTRACTORS, INC

Borrower Address

14160 BRANDYWINE RD REGIONAL ELECTRICAL CONTRACTORS

Borrower City

Brandywine

Borrower State

MD

Borrower Zip

20613

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

249800.00

Current Approval Amount

240100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434059

Servicing Lender Name

Primis Bank

Servicing Lender Address

307 Church Lane

Servicing Lender City

TAPPAHANNOCK

Servicing Lender State

VA

Servicing Lender Zip

22560

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brandywine

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20613-0001

CD

MD-05

Jobs Reported

15

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

240100.00

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

434059

Originating Lender

Primis Bank

Originating Lender City

TAPPAHANNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

241764.25

Forgiveness Date

01/14/2021

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