PPP Loan information for West virginia electric supply company

$624,000

West virginia electric supply company was initially approved for PPP Loan of amount $624,000, the current approved amount is $624,000. The loan was approved on 04/05/2020 by The Peoples Bank reported 57 jobs and $624,000 was used to fund payroll.

West virginia electric supply company is Existing or more than 2 years old

PPP Loan Search / WV / HUNTINGTON / West virginia electric supply company

WEST VIRGINIA ELECTRIC SUPPLY COMPANY

Date Approved

04/05/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

WEST VIRGINIA ELECTRIC SUPPLY COMPANY

Borrower Address

250 12TH ST West

Borrower City

HUNTINGTON

Borrower State

WV

Borrower Zip

25704-1638

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

624000.00

Current Approval Amount

624000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HUNTINGTON

Project County Name

CABELL

Project State

WV

Project Zip

25704-1638

CD

WV-01

Jobs Reported

57

NAICS Code

423610

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

24000.00

Payroll Proceed

550000.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

628766.67

Forgiveness Date

01/26/2021

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