AFFORDABLE ENERGY CONCEPTS INC (VA) - 2020 PPP Loan Borrower Profile (# 5208747006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AFFORDABLE ENERGY CONCEPTS 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

5208747006

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$37,000

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$37,310.39

Date Loan was Forgiven

Feb 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

37,000

Lender

The First Bank and Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

238210

Borrower Location

LYNCHBURG, VA

Project Location

LYNCHBURG, VA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.