PPP Loan information for Walsh electric co, inc

$629,600

Walsh electric co, inc was initially approved for PPP Loan of amount $629,600, the current approved amount is $629,600. The loan was approved on 04/15/2020 by The The Old Point National Bank of Phoebus reported 38 jobs and $629,600 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

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WALSH ELECTRIC CO, INC

Borrower Address

101 SENTRY CIR

Borrower City

YORKTOWN

Borrower State

VA

Borrower Zip

23692-4876

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

629600.00

Current Approval Amount

629600.00

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

38

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

5700.00

Payroll Proceed

613900.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

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

634234.56

Forgiveness Date

01/20/2021

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