Folkes Electrical Construction Company Inc.

$568,812 PPP Loan in Ashland, Virginia

Loan Details

Loan Number
3565868405
Date Approved
Feb 5, 2021
Loan Status
Paid in Full
Initial Approval
$568,812
Current Approval
$568,812
Forgiveness Amount
$575,843
Forgiveness Date
May 2, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Folkes Electrical Construction Company Inc.
Address
206 Haley Rd
ZIP Code
23005-2450
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$10.2M
Rural/Urban
Rural
Congressional District
VA-05

Loan Use Breakdown

Payroll
$568,810

Lender Information

Servicing Lender
Village Bank
Originating Lender
Village Bank

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