PPP Loan information for City electric company

$136,163

City electric company was initially approved for PPP Loan of amount $136,163, the current approved amount is $136,163. The loan was approved on 02/19/2021 by The United Bank reported 8 jobs and $136,163 was used to fund payroll.

City electric company is Existing or more than 2 years old

CITY ELECTRIC COMPANY

Date Approved

02/19/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

CITY ELECTRIC COMPANY

Borrower Address

1219 Pennsylvania Ave

Borrower City

Charleston

Borrower State

WV

Borrower Zip

25302-3741

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

136163.00

Current Approval Amount

136163.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Charleston

Project County Name

KANAWHA

Project State

WV

Project Zip

25302-3741

CD

WV-01

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

136163.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

136964.85

Forgiveness Date

09/28/2021

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