PPP Loan information for Valley electric, inc.

$126,345

Valley electric, inc. was initially approved for PPP Loan of amount $126,345, the current approved amount is $126,345. The loan was approved on 04/15/2020 by The WesBanco Bank, Inc. reported 18 jobs and $126,345 was used to fund payroll.

Valley electric, inc. is Existing or more than 2 years old

PPP Loan Search / WV / NITRO / Valley electric, inc.

VALLEY ELECTRIC, INC.

Date Approved

04/15/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

VALLEY ELECTRIC, INC.

Borrower Address

4305 1ST AVE

Borrower City

NITRO

Borrower State

WV

Borrower Zip

25143

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126345.00

Current Approval Amount

126345.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NITRO

Project County Name

KANAWHA

Project State

WV

Project Zip

25143-0001

CD

WV-01

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

126345.00

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

127514.99

Forgiveness Date

03/26/2021

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