PPP Loan information for The electrical connection

$145,673

The electrical connection was initially approved for PPP Loan of amount $145,673, the current approved amount is $145,673. The loan was approved on 02/13/2021 by The Citizens and Farmers Bank reported 16 jobs and $145,673 was used to fund payroll.

The electrical connection is Existing or more than 2 years old

THE ELECTRICAL CONNECTION

Date Approved

02/13/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

THE ELECTRICAL CONNECTION

Borrower Address

2305 Manakintown Ferry Rd

Borrower City

Midlothian

Borrower State

VA

Borrower Zip

23113-9312

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

145673.30

Current Approval Amount

145673.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74135

Servicing Lender Name

Citizens and Farmers Bank

Servicing Lender Address

415 14th St

Servicing Lender City

WEST POINT

Servicing Lender State

VA

Servicing Lender Zip

23181

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midlothian

Project County Name

POWHATAN

Project State

VA

Project Zip

23113-9312

CD

VA-05

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

145671.30

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

74135

Originating Lender

Citizens and Farmers Bank

Originating Lender City

WEST POINT

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

146874.61

Forgiveness Date

12/15/2021

;