PPP Loan information for Hylton's electric connection inc.

$160,720

Hylton's electric connection inc. was initially approved for PPP Loan of amount $160,720, the current approved amount is $160,720. The loan was approved on 04/15/2020 by The New Peoples Bank, Inc. reported 15 jobs and $160,720 was used to fund payroll.

Hylton's electric connection inc. is Existing or more than 2 years old

HYLTON'S ELECTRIC CONNECTION INC.

Date Approved

04/15/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

HYLTON'S ELECTRIC CONNECTION INC.

Borrower Address

574 Chapel View Road

Borrower City

BLUEFIELD

Borrower State

WV

Borrower Zip

24701-5249

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160720.00

Current Approval Amount

160720.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BLUEFIELD

Project County Name

MERCER

Project State

WV

Project Zip

24701-5249

CD

WV-01

Jobs Reported

15

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

160720.00

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

Subchapter S Corporation

Originating Lender Location Id

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

161889.68

Forgiveness Date

01/12/2021

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