PPP Loan information for South charleston electric company, inc.

$283,638

South charleston electric company, inc. was initially approved for PPP Loan of amount $283,638, the current approved amount is $283,638. The loan was approved on 04/15/2020 by The City National Bank of West Virginia reported 29 jobs and $283,638 was used to fund payroll.

South charleston electric company, inc. is Existing or more than 2 years old

SOUTH CHARLESTON ELECTRIC COMPANY, INC.

Date Approved

04/15/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

SOUTH CHARLESTON ELECTRIC COMPANY, INC.

Borrower Address

1011 F ST

Borrower City

SOUTH CHARLESTON

Borrower State

WV

Borrower Zip

25303-1120

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

283637.50

Current Approval Amount

283637.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74995

Servicing Lender Name

City National Bank of West Virginia

Servicing Lender Address

3601 MacCorkle Ave SE

Servicing Lender City

Charleston

Servicing Lender State

WV

Servicing Lender Zip

25304

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH CHARLESTON

Project County Name

KANAWHA

Project State

WV

Project Zip

25303-1120

CD

WV-01

Jobs Reported

29

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1637.50

Payroll Proceed

278000.00

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

74995

Originating Lender

City National Bank of West Virginia

Originating Lender City

Charleston

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

285213.26

Forgiveness Date

11/03/2020

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