PPP Loan information for Express electric company

$431,200

Express electric company was initially approved for PPP Loan of amount $431,200, the current approved amount is $431,200. The loan was approved on 02/18/2021 by The Village Bank reported 36 jobs and $431,200 was used to fund payroll.

Express electric company is Existing or more than 2 years old

PPP Loan Search / VA / Ashland / Express electric company

EXPRESS ELECTRIC COMPANY

Date Approved

02/18/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

EXPRESS ELECTRIC COMPANY

Borrower Address

285 Dow Gil Rd

Borrower City

Ashland

Borrower State

VA

Borrower Zip

23005-9464

Loan Status Date

04/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

431200.00

Current Approval Amount

431200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124183

Servicing Lender Name

Village Bank

Servicing Lender Address

13319 Midlothian Tpke

Servicing Lender City

MIDLOTHIAN

Servicing Lender State

VA

Servicing Lender Zip

23113-4271

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ashland

Project County Name

HANOVER

Project State

VA

Project Zip

23005-9464

CD

VA-05

Jobs Reported

36

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

431195.00

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

124183

Originating Lender

Village Bank

Originating Lender City

MIDLOTHIAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

435943.20

Forgiveness Date

03/23/2022

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