PPP Loan information for Raw electric construction, llc

$358,700

Raw electric construction, llc was initially approved for PPP Loan of amount $358,700, the current approved amount is $358,700. The loan was approved on 04/27/2020 by The First Community Bank reported 16 jobs and $358,700 was used to fund payroll.

Raw electric construction, llc is New Business or 2 years or less

RAW ELECTRIC CONSTRUCTION, LLC

Date Approved

04/27/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

RAW ELECTRIC CONSTRUCTION, LLC

Borrower Address

974 Greasy Ridge Road

Borrower City

Princeton

Borrower State

WV

Borrower Zip

24740

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

358700.00

Current Approval Amount

358700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75351

Servicing Lender Name

First Community Bank

Servicing Lender Address

29 College Dr

Servicing Lender City

BLUEFIELD

Servicing Lender State

VA

Servicing Lender Zip

24605-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Princeton

Project County Name

MERCER

Project State

WV

Project Zip

24740-0001

CD

WV-01

Jobs Reported

16

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17935.00

Payroll Proceed

322830.00

Mortgage Interest Proceed

17935.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

362748.89

Forgiveness Date

06/15/2021

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