PPP Loan information for Walsh electric co. inc

$688,250

Walsh electric co. inc was initially approved for PPP Loan of amount $688,250, the current approved amount is $688,250. The loan was approved on 02/09/2021 by The The Old Point National Bank of Phoebus reported 48 jobs and $688,250 was used to fund payroll.

Walsh electric co. inc is Existing or more than 2 years old

PPP Loan Search / VA / Yorktown / Walsh electric co. inc

WALSH ELECTRIC CO. INC

Date Approved

02/09/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

WALSH ELECTRIC CO. INC

Borrower Address

101 Sentry Cir

Borrower City

Yorktown

Borrower State

VA

Borrower Zip

23692-4876

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

688250.00

Current Approval Amount

688250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Yorktown

Project County Name

YORK

Project State

VA

Project Zip

23692-4876

CD

VA-01

Jobs Reported

48

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

688250.00

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

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

691519.19

Forgiveness Date

08/13/2021

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