Mcgrady-Lambert Electric Inc.

$160,000 PPP Loan in Salem, Virginia

Loan Details

Loan Number
1477038404
Date Approved
Feb 2, 2021
Loan Status
Paid in Full
Initial Approval
$160,000
Current Approval
$160,000
Forgiveness Amount
$161,153
Forgiveness Date
Oct 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mcgrady-Lambert Electric Inc.
Address
1505 Mill Race Dr
City
Salem
ZIP Code
24153-3137
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$6.6M
Rural/Urban
Urban
Congressional District
VA-06

Loan Use Breakdown

Payroll
$160,000

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
First-Citizens Bank & Trust Company

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