PPP Loan information for Gray electric

$37,600

Gray electric was initially approved for PPP Loan of amount $37,600, the current approved amount is $37,600. The loan was approved on 04/11/2020 by The Wells River Savings Bank reported 5 jobs and $37,600 was used to fund payroll.

Gray electric is Existing or more than 2 years old

GRAY ELECTRIC

Date Approved

04/11/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

GRAY ELECTRIC

Borrower Address

404 US ROUTE 5

Borrower City

FAIRLEE

Borrower State

VT

Borrower Zip

05045-9755

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37600.00

Current Approval Amount

37600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73046

Servicing Lender Name

Wells River Savings Bank

Servicing Lender Address

34 Main St N

Servicing Lender City

WELLS RIVER

Servicing Lender State

VT

Servicing Lender Zip

05081-9602

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRLEE

Project County Name

ORANGE

Project State

VT

Project Zip

05045-9755

CD

VT-

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37600.00

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

Sole Proprietorship

Originating Lender Location Id

73046

Originating Lender

Wells River Savings Bank

Originating Lender City

WELLS RIVER

Originating Lender State

VT

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

37872.99

Forgiveness Date

01/07/2021

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