PPP Loan information for Hughes electric, inc.

$252,775

Hughes electric, inc. was initially approved for PPP Loan of amount $252,775, the current approved amount is $252,775. The loan was approved on 04/29/2020 by The Merchants Commercial Bank reported 14 jobs and $252,775 was used to fund payroll.

Hughes electric, inc. is Existing or more than 2 years old

PPP Loan Search / VI / St. Thomas / Hughes electric, inc.

HUGHES ELECTRIC, INC.

Date Approved

04/29/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

HUGHES ELECTRIC, INC.

Borrower Address

9200 Estate Thomas Vitraco Park 5-2

Borrower City

St. Thomas

Borrower State

VI

Borrower Zip

00802-2661

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

252775.00

Current Approval Amount

252775.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444422

Servicing Lender Name

Merchants Commercial Bank

Servicing Lender Address

4608 Tutu Park Mall, Ste 100

Servicing Lender City

Charlotte Amalie

Servicing Lender State

VI

Servicing Lender Zip

00802-1816

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St. Thomas

Project County Name

SAINT THOMAS

Project State

VI

Project Zip

00802-2661

CD

VI-

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

252775.00

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

444422

Originating Lender

Merchants Commercial Bank

Originating Lender City

Charlotte Amalie

Originating Lender State

VI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

255365.94

Forgiveness Date

05/18/2021

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