PPP Loan information for Brite electrical services llc

$382,900

Brite electrical services llc was initially approved for PPP Loan of amount $375,400, the current approved amount is $382,900. The loan was approved on 04/10/2020 by The TowneBank reported 35 jobs and $382,900 was used to fund payroll.

Brite electrical services llc is Existing or more than 2 years old

PPP Loan Search / VA / CHESAPEAKE / Brite electrical services llc

BRITE ELECTRICAL SERVICES LLC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BRITE ELECTRICAL SERVICES LLC

Borrower Address

201A Dexter St W

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23324-3017

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

375400.00

Current Approval Amount

382900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23324-3017

CD

VA-03

Jobs Reported

35

NAICS Code

238210

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

382900.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

385793.02

Forgiveness Date

01/20/2021

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