PPP Loan information for Brite electrical systems llc

$382,847

Brite electrical systems llc was initially approved for PPP Loan of amount $382,847, the current approved amount is $382,847. The loan was approved on 02/03/2021 by The TowneBank reported 42 jobs and $382,847 was used to fund payroll.

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

PPP Loan Search / VA / Chesapeake / Brite electrical systems llc

BRITE ELECTRICAL SYSTEMS LLC

Date Approved

02/03/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

BRITE ELECTRICAL SYSTEMS LLC

Borrower Address

201A Dexter Street West Suite 108

Borrower City

Chesapeake

Borrower State

VA

Borrower Zip

23324

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

382847.00

Current Approval Amount

382847.00

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

CD

VA-03

Jobs Reported

42

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

382847.00

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

384250.77

Forgiveness Date

06/23/2021

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