PPP Loan information for Visual electric inc

$114,568

Visual electric inc was initially approved for PPP Loan of amount $114,568, the current approved amount is $114,568. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 12 jobs and $114,568 was used to fund payroll.

Visual electric inc is New Business or 2 years or less

PPP Loan Search / MD / FREDERICK / Visual electric inc

VISUAL ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

VISUAL ELECTRIC INC

Borrower Address

4507 METROPOLITAN CT STE C

Borrower City

FREDERICK

Borrower State

MD

Borrower Zip

21704-9400

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

114568.00

Current Approval Amount

114568.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FREDERICK

Project County Name

FREDERICK

Project State

MD

Project Zip

21704-9400

CD

MD-06

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

114568.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

90753.20

Forgiveness Date

08/27/2021

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