A & L ELECTRICAL INC. (VA) - 2020 PPP Loan Borrower Profile (# 1132138306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A & L ELECTRICAL INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Virginia.

Loan Detail

Loan Number

1132138306

SBA Office Code

0304

Processing Method

PPS

Curent Loan Amount

$702,082.5

Date Loan was Approved

Jan 16, 2021

Amount Forgiven

$708,295.45

Date Loan was Forgiven

Dec 9, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

702,079.5

Lender

Select Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

238210

Borrower Location

Forest, VA

Project Location

Forest, VA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.