PPP Loan information for Diamond electric mfg corp

$2,000,000

Diamond electric mfg corp was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/28/2021 by The United Bank reported 235 jobs and $2,000,000 was used to fund payroll.

Diamond electric mfg corp is Existing or more than 2 years old

DIAMOND ELECTRIC MFG CORP

Date Approved

03/28/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

DIAMOND ELECTRIC MFG CORP

Borrower Address

St Rt 62 Eleanor Industrial Park

Borrower City

Eleanor

Borrower State

WV

Borrower Zip

25070

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eleanor

Project County Name

PUTNAM

Project State

WV

Project Zip

25070

CD

WV-02

Jobs Reported

235

NAICS Code

336320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999999.00

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

Corporation

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2014722.22

Forgiveness Date

01/03/2022

;