Pal's Electric Shop, Incorporated

$52,800 PPP Loan in Grundy, Virginia

Loan Details

Loan Number
2945047407
Date Approved
May 6, 2020
Loan Status
Paid in Full
Initial Approval
$52,800
Current Approval
$52,800
Forgiveness Amount
$53,159
Forgiveness Date
Jan 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Pal's Electric Shop, Incorporated
Address
1087 Navigator Rd
City
Grundy
ZIP Code
24614-5674
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
VA-09

Loan Use Breakdown

Payroll
$42,296
Utilities
$10,504

Lender Information

Servicing Lender
Legacy Bank
Originating Lender
Legacy Bank

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