E & L Diamond Electric Cooling & Heating Co Inc.

$237,800 PPP Loan in Galax, Virginia

Loan Details

Loan Number
8166317000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$237,800
Current Approval
$237,800
Forgiveness Amount
$240,686
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
E & L Diamond Electric Cooling & Heating Co Inc.
Address
1000 S. Main St.
City
Galax
ZIP Code
24333-4408
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$9.2M
Rural/Urban
Urban
Congressional District
VA-09

Loan Use Breakdown

Payroll
$59,450
Utilities
$178,350

Lender Information

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

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