PPP Loan information for Folkes electrical construction company inc.

$568,812

Folkes electrical construction company inc. was initially approved for PPP Loan of amount $568,812, the current approved amount is $568,812. The loan was approved on 02/05/2021 by The Village Bank reported 31 jobs and $568,812 was used to fund payroll.

Folkes electrical construction company inc. is Existing or more than 2 years old

PPP Loan Search / VA / Ashland / Folkes electrical construction company inc.

FOLKES ELECTRICAL CONSTRUCTION COMPANY INC.

Date Approved

02/05/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

FOLKES ELECTRICAL CONSTRUCTION COMPANY INC.

Borrower Address

206 Haley Rd

Borrower City

Ashland

Borrower State

VA

Borrower Zip

23005-2450

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

568812.07

Current Approval Amount

568812.07

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Ashland

Project County Name

HANOVER

Project State

VA

Project Zip

23005-2450

CD

VA-05

Jobs Reported

31

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

568810.07

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

124183

Originating Lender

Village Bank

Originating Lender City

MIDLOTHIAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

575843.22

Forgiveness Date

05/02/2022

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