PPP Loan information for Valleywide electric

$107,500

Valleywide electric was initially approved for PPP Loan of amount $107,500, the current approved amount is $107,500. The loan was approved on 05/01/2020 by The WebBank reported 11 jobs and $107,500 was used to fund payroll.

Valleywide electric is Existing or more than 2 years old

VALLEYWIDE ELECTRIC

Date Approved

05/01/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

VALLEYWIDE ELECTRIC

Borrower Address

135 SYCAMORE TRAIL

Borrower City

PEARISBURG

Borrower State

VA

Borrower Zip

24134

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107500.00

Current Approval Amount

107500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEARISBURG

Project County Name

GILES

Project State

VA

Project Zip

24134-0001

CD

VA-09

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

107500.00

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

Subchapter S Corporation

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

108930.35

Forgiveness Date

08/30/2021

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