Wise Hundley Electric Co INC

$345,380 PPP Loan in Danville, Virginia

Loan Details

Loan Number
8940737008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$345,380
Current Approval
$345,380
Forgiveness Amount
$347,491
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Wise Hundley Electric Co INC
Address
1305 Goodyear Blvd
ZIP Code
24541-2176
Business Type
Cooperative
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$6.9M
Rural/Urban
Urban
Congressional District
VA-05

Loan Use Breakdown

Payroll
$276,304
Rent
$60,000
Utilities
$9,076

Lender Information

Servicing Lender
First National Bank
Originating Lender
First National Bank

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