PPP Loan information for Basic electric service llc

$62,855

Basic electric service llc was initially approved for PPP Loan of amount $62,855, the current approved amount is $62,855. The loan was approved on 04/14/2020 by The Jefferson Security Bank reported 9 jobs and $62,855 was used to fund payroll.

Basic electric service llc is Existing or more than 2 years old

PPP Loan Search / WV / HEDGESVILLE / Basic electric service llc

BASIC ELECTRIC SERVICE LLC

Date Approved

04/14/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

BASIC ELECTRIC SERVICE LLC

Borrower Address

168 CLEARVIEW RD

Borrower City

HEDGESVILLE

Borrower State

WV

Borrower Zip

25427-6800

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62855.00

Current Approval Amount

62855.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75400

Servicing Lender Name

Jefferson Security Bank

Servicing Lender Address

105 E Washington St

Servicing Lender City

SHEPHERDSTOWN

Servicing Lender State

WV

Servicing Lender Zip

25443

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HEDGESVILLE

Project County Name

BERKELEY

Project State

WV

Project Zip

25427-6800

CD

WV-02

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62855.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

75400

Originating Lender

Jefferson Security Bank

Originating Lender City

SHEPHERDSTOWN

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63576.09

Forgiveness Date

06/10/2021

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