Budget Electrical & Mechanical, Inc.
$325,000 PPP Loan in Palmyra, Virginia
Loan Details
- Loan Number
- 6973267006
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $325,000
- Current Approval
- $325,000
- Forgiveness Amount
- $327,004
- Forgiveness Date
- Nov 17, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Budget Electrical & Mechanical, Inc.
- Address
- 13610 James Madison Hwy
- City
- Palmyra
- State
- Virginia
- ZIP Code
- 22963-4499
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 40
- Estimated Revenue
- $13.2M
- Rural/Urban
- Rural
- Congressional District
- VA-05
Loan Use Breakdown
- Payroll
- $325,000
Lender Information
- Servicing Lender
- Atlantic Union Bank
- Originating Lender
- Atlantic Union Bank
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|---|---|---|
| Lake Monticello Owners Association | $676,842 |  Research |
| Mc3 Solutions, LLC | $301,966 | Research |
| Budget Electrical & Mechanical Inc. | $292,217 | Research |
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