PPP Loan information for Daniels electric inc

$156,500

Daniels electric inc was initially approved for PPP Loan of amount $156,500, the current approved amount is $156,500. The loan was approved on 04/04/2020 by The Summit Community Bank, Inc. reported 13 jobs and $156,500 was used to fund payroll.

Daniels electric inc is Existing or more than 2 years old

PPP Loan Search / WV / CHARLESTON / Daniels electric inc

DANIELS ELECTRIC INC

Date Approved

04/04/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

DANIELS ELECTRIC INC

Borrower Address

702 Morris Street

Borrower City

CHARLESTON

Borrower State

WV

Borrower Zip

25301-1418

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156500.00

Current Approval Amount

156500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHARLESTON

Project County Name

KANAWHA

Project State

WV

Project Zip

25301-1418

CD

WV-01

Jobs Reported

13

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

125000.00

Mortgage Interest Proceed

15000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

158021.53

Forgiveness Date

03/31/2021

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