PPP Loan information for Suburban electric

$16,962

Suburban electric was initially approved for PPP Loan of amount $16,962, the current approved amount is $16,962. The loan was approved on 04/15/2020 by The Atlantic Union Bank reported 3 jobs and $16,962 was used to fund payroll.

Suburban electric is New Business or 2 years or less

SUBURBAN ELECTRIC

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SUBURBAN ELECTRIC

Borrower Address

534 Providence Lane

Borrower City

Bluemont

Borrower State

VA

Borrower Zip

20135

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16962.00

Current Approval Amount

16962.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Bluemont

Project County Name

CLARKE

Project State

VA

Project Zip

20135-0062

CD

VA-06

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16962.00

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

Sole Proprietorship

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

17141.99

Forgiveness Date

05/18/2021

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