PPP Loan information for Snead electric inc

$26,383

Snead electric inc was initially approved for PPP Loan of amount $26,383, the current approved amount is $26,383. The loan was approved on 01/22/2021 by The Atlantic Union Bank reported 3 jobs and $26,383 was used to fund payroll.

Snead electric inc is Existing or more than 2 years old

SNEAD ELECTRIC INC

Date Approved

01/22/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SNEAD ELECTRIC INC

Borrower Address

225 MONTGOMERY RD 225 MONTGOMERY RD

Borrower City

STAUNTON

Borrower State

VA

Borrower Zip

24401

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

26382.50

Current Approval Amount

26382.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STAUNTON

Project County Name

STAUNTON CITY

Project State

VA

Project Zip

24401

CD

VA-06

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

26382.50

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

Subchapter S Corporation

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

26490.96

Forgiveness Date

06/23/2021

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