The Summit Electric Group,inc.
$390,000 PPP Loan in Ripley, West Virginia
Loan Details
- Loan Number
- 1292217102
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $390,000
- Current Approval
- $390,000
- Forgiveness Amount
- $392,048
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Summit Electric Group,inc.
- Address
- 436 Church St
- City
- Ripley
- State
- West Virginia
- ZIP Code
- 25271-1614
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 24
- Estimated Revenue
- $7.9M
- Rural/Urban
- Rural
- Congressional District
- WV-01
Loan Use Breakdown
- Payroll
- $292,500
- Rent
- $97,500
Lender Information
- Servicing Lender
- Peoples Bank
- Originating Lender
- Peoples Bank
Other PPP Loans in Ripley, WV
| Business | Approved | |
|---|---|---|
| Bruce Allen Incorporated | $1,206,109 |  Research |
| Ripley Snf Operations LLC | $788,053 | Research |
| I-77 Auto Group, Inc. | $624,100 | Research |
| Bbu Services of Wv, LLC | $470,800 | Research |
| The Summit Electric Group INC | $390,000 | Research |
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