DAMRON ELECTRIC (WV) - 2020 PPP Loan Borrower Profile (# 9426917800)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to DAMRON ELECTRIC. 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

9426917800

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$21,800

Date Loan was Approved

Jun 8, 2020

Amount Forgiven

$22,012.55

Date Loan was Forgiven

Jun 9, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

21,800

Lender

United Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

238210

Borrower Location

SAINT ALBANS, WV

Project Location

SAINT ALBANS, WV

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.