PPP Loan information for Ostrom electrical contracting inc.

$391,700

Ostrom electrical contracting inc. was initially approved for PPP Loan of amount $391,700, the current approved amount is $391,700. The loan was approved on 04/30/2020 by The First-Citizens Bank & Trust Company reported 40 jobs and $391,700 was used to fund payroll.

Ostrom electrical contracting inc. is New Business or 2 years or less

PPP Loan Search / VA / Roanoke / Ostrom electrical contracting inc.

OSTROM ELECTRICAL CONTRACTING INC.

Date Approved

04/30/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

OSTROM ELECTRICAL CONTRACTING INC.

Borrower Address

1530 Plantation Rd

Borrower City

Roanoke

Borrower State

VA

Borrower Zip

24012

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

391700.00

Current Approval Amount

391700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Roanoke

Project County Name

ROANOKE CITY

Project State

VA

Project Zip

24012-0001

CD

VA-06

Jobs Reported

40

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

391700.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

393680.26

Forgiveness Date

11/03/2020

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