PPP Loan information for Daniels electric inc

$126,500

Daniels electric inc was initially approved for PPP Loan of amount $126,500, the current approved amount is $126,500. The loan was approved on 04/08/2021 by The Summit Community Bank, Inc. reported 14 jobs and $126,500 was used to fund payroll.

Daniels electric inc is Existing or more than 2 years old

DANIELS ELECTRIC INC

Date Approved

04/08/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

DANIELS ELECTRIC INC

Borrower Address

702 Morrison St

Borrower City

CHARLESTON

Borrower State

WV

Borrower Zip

25301

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

126500.00

Current Approval Amount

126500.00

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

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

25301

CD

WV-02

Jobs Reported

14

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

126497.00

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

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

127107.90

Forgiveness Date

10/04/2021

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