Fielder Electric Motor Repair, Inc.

$221,900 PPP Loan in Galax, Virginia

Loan Details

Loan Number
8115357001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$221,900
Current Approval
$221,900
Forgiveness Amount
$223,797
Forgiveness Date
Feb 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Fielder Electric Motor Repair, Inc.
Address
104 Poplar Knob Road
City
Galax
ZIP Code
24333-4113
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$5.2M
Rural/Urban
Urban
Congressional District
VA-09

Loan Use Breakdown

Payroll
$166,425
Utilities
$55,475

Lender Information

Servicing Lender
The National Bank of Blacksburg
Originating Lender
The National Bank of Blacksburg

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