Design Electric INC
$2,476,000 PPP Loan in Charlottesville, Virginia
Loan Details
- Loan Number
- 7238967002
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,476,000
- Current Approval
- $2,476,000
- Forgiveness Amount
- $2,518,780
- Forgiveness Date
- Dec 23, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Design Electric INC
- Address
- 1307 Carlton Avenue
- City
- Charlottesville
- State
- Virginia
- ZIP Code
- 22902-5887
- Business Type
- Employee Stock Ownership Plan(esop)
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 228
- Estimated Revenue
- $75.0M
- Rural/Urban
- Urban
- Congressional District
- VA-05
Loan Use Breakdown
- Payroll
- $2,476,000
Lender Information
- Servicing Lender
- Virginia National Bank
- Originating Lender
- Virginia National Bank
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