PPP Loan information for Residential electrical services inc

$124,067

Residential electrical services inc was initially approved for PPP Loan of amount $124,067, the current approved amount is $124,067. The loan was approved on 02/18/2021 by The Truist Bank reported 30 jobs and $124,067 was used to fund payroll.

Residential electrical services inc is Existing or more than 2 years old

RESIDENTIAL ELECTRICAL SERVICES INC

Date Approved

02/18/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

RESIDENTIAL ELECTRICAL SERVICES INC

Borrower Address

6231 Park Pl

Borrower City

Hume

Borrower State

VA

Borrower Zip

22639-2026

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

124066.50

Current Approval Amount

124066.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hume

Project County Name

FAUQUIER

Project State

VA

Project Zip

22639-2026

CD

VA-10

Jobs Reported

30

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

124062.50

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125034.91

Forgiveness Date

12/01/2021

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