PPP Loan information for Wise hundley electric co inc

$345,380

Wise hundley electric co inc was initially approved for PPP Loan of amount $345,380, the current approved amount is $345,380. The loan was approved on 04/09/2020 by The First National Bank reported 21 jobs and $345,380 was used to fund payroll.

Wise hundley electric co inc is Existing or more than 2 years old

WISE HUNDLEY ELECTRIC CO INC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WISE HUNDLEY ELECTRIC CO INC

Borrower Address

1305 GOODYEAR BLVD

Borrower City

DANVILLE

Borrower State

VA

Borrower Zip

24541-2176

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

345380.00

Current Approval Amount

345380.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73069

Servicing Lender Name

First National Bank

Servicing Lender Address

622 Broad St

Servicing Lender City

ALTAVISTA

Servicing Lender State

VA

Servicing Lender Zip

24517-1830

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DANVILLE

Project County Name

DANVILLE CITY

Project State

VA

Project Zip

24541-2176

CD

VA-05

Jobs Reported

21

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9076.00

Payroll Proceed

276304.00

Mortgage Interest Proceed

0.00

Rent Proceed

60000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

73069

Originating Lender

First National Bank

Originating Lender City

ALTAVISTA

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

347490.66

Forgiveness Date

11/27/2020

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