West Virginia Electric Supply Company

$624,000 PPP Loan in Huntington, West Virginia

Loan Details

Loan Number
5569897000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$624,000
Current Approval
$624,000
Forgiveness Amount
$628,767
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
West Virginia Electric Supply Company
Address
250 12th St West
ZIP Code
25704-1638
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
57
Estimated Revenue
$17.5M
Rural/Urban
Urban
Congressional District
WV-01

Loan Use Breakdown

Payroll
$550,000
Rent
$50,000
Utilities
$24,000

Lender Information

Servicing Lender
Peoples Bank
Originating Lender
Peoples Bank

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