PPP Loan information for Vest electric company

$23,750

Vest electric company was initially approved for PPP Loan of amount $23,750, the current approved amount is $23,750. The loan was approved on 04/15/2020 by The New Peoples Bank, Inc. reported 4 jobs and $23,750 was used to fund payroll.

Vest electric company is Existing or more than 2 years old

PPP Loan Search / WV / MATOAKA / Vest electric company

VEST ELECTRIC COMPANY

Date Approved

04/15/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

VEST ELECTRIC COMPANY

Borrower Address

247 PIEDMONT RD

Borrower City

MATOAKA

Borrower State

WV

Borrower Zip

24736-7501

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23750.00

Current Approval Amount

23750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MATOAKA

Project County Name

MERCER

Project State

WV

Project Zip

24736-7501

CD

WV-01

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

23750.00

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

Professional Association

Originating Lender Location Id

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

23947.92

Forgiveness Date

02/19/2021

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