PPP Loan information for Venture electric company

$173,200

Venture electric company was initially approved for PPP Loan of amount $173,200, the current approved amount is $173,200. The loan was approved on 04/27/2020 by The First Sentinel Bank reported 12 jobs and $173,200 was used to fund payroll.

Venture electric company is Existing or more than 2 years old

VENTURE ELECTRIC COMPANY

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

VENTURE ELECTRIC COMPANY

Borrower Address

10136-C Hull Street Road

Borrower City

Midlothian

Borrower State

VA

Borrower Zip

23112

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

173200.00

Current Approval Amount

173200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117711

Servicing Lender Name

First Sentinel Bank

Servicing Lender Address

315 Railroad Ave

Servicing Lender City

RICHLANDS

Servicing Lender State

VA

Servicing Lender Zip

24641-2448

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midlothian

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23112-0001

CD

VA-01

Jobs Reported

12

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

173200.00

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

117711

Originating Lender

First Sentinel Bank

Originating Lender City

RICHLANDS

Originating Lender State

VA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

174268.07

Forgiveness Date

12/08/2020

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