BEDDOW ELECTRIC INC. (WV) - 2020 PPP Loan Borrower Profile (# 4767837403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BEDDOW ELECTRIC 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 West Virginia.

Loan Detail

Loan Number
4767837403
SBA Office Code
0390
Processing Method
PPP
Curent Loan Amount
$6,202
Date Loan was Approved
May 11, 2020
Amount Forgiven
$6,268.44
Date Loan was Forgiven
Jun 9, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
1,550
Payroll Proced
4,652
Lender
CNB Bank, Inc.

Business Detail

Business Type
Subchapter S Corporation
NAICS
238210
Borrower Location
BERKELEY SPRINGS, WV
Project Location
BERKELEY SPRINGS, WV
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.