Electric Motor and Contracting Company
$3,779,300 PPP Loan in Chesapeake, Virginia
Loan Details
- Loan Number
- 4167737208
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,779,300
- Current Approval
- $3,779,300
- Forgiveness Amount
- $3,820,821
- Forgiveness Date
- Jun 4, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Electric Motor and Contracting Company
- Address
- 3703 Cook Blvd
- City
- Chesapeake
- State
- Virginia
- ZIP Code
- 23323
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (335312)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 244
- Estimated Revenue
- $63.9M
- Rural/Urban
- Urban
- Congressional District
- VA-02
Loan Use Breakdown
- Payroll
- $3,779,300
Lender Information
- Servicing Lender
- Live Oak Banking Company
- Originating Lender
- Live Oak Banking Company
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