Date Approved
04/08/2020
SBA Office Code
0304
Processing Method
PPP
Borrower Name
HILL CITY ELECTRIC COMPANY
Borrower Address
3104 Carroll Avenue
Borrower City
LYNCHBURG
Borrower State
VA
Borrower Zip
24501-4917
Loan Status Date
03/18/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
120425.00
Current Approval Amount
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
Servicing Lender Zip
24517-1830
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LYNCHBURG CITY
Project State
Project Zip
CD
VA-05
Jobs Reported
9
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1000.00
Payroll Proceed
111825.00
Mortgage Interest Proceed
1300.00
Rent Proceed
3000.00
Refinance EIDL Proceed
Health Care Proceed
3300.00
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
121465.34
Forgiveness Date
02/26/2021