PPP Loan information for Vec valley electric inc

$78,540

Vec valley electric inc was initially approved for PPP Loan of amount $78,540, the current approved amount is $78,540. The loan was approved on 02/02/2021 by The Bank Independent reported 4 jobs and $78,540 was used to fund payroll.

Vec valley electric inc is Existing or more than 2 years old

PPP Loan Search / AL / Killen / Vec valley electric inc

VEC VALLEY ELECTRIC INC

Date Approved

02/02/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

VEC VALLEY ELECTRIC INC

Borrower Address

111 Poplar St

Borrower City

Killen

Borrower State

AL

Borrower Zip

35645-9114

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78540.02

Current Approval Amount

78540.02

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Killen

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35645-9114

CD

AL-04

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

78538.02

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

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78895.63

Forgiveness Date

07/19/2021

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