PPP Loan information for Visual electric inc

$89,580

Visual electric inc was initially approved for PPP Loan of amount $89,580, the current approved amount is $89,580. The loan was approved on 01/28/2021 by The Bank of America, National Association reported 11 jobs and $89,580 was used to fund payroll.

Visual electric inc is Existing or more than 2 years old

VISUAL ELECTRIC INC

Date Approved

01/28/2021

SBA Office Code

0373

Processing Method

PPS

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

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

89580.00

Current Approval Amount

89580.00

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

Existing or more than 2 years old

Project City

Frederick

Project County Name

FREDERICK

Project State

MD

Project Zip

21704-9400

CD

MD-06

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

89578.00

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

90780.13

Forgiveness Date

06/03/2022

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