HYLTON'S ELECTRIC CONNECTION INC. (WV) - 2020 PPP Loan Borrower Profile (# 5216708600)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to HYLTON'S ELECTRIC CONNECTION 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

5216708600

SBA Office Code

0390

Processing Method

PPS

Curent Loan Amount

$154,142

Date Loan was Approved

Mar 20, 2021

Amount Forgiven

$154,874.17

Date Loan was Forgiven

Sep 17, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

154,136

Lender

New Peoples Bank, Inc.

Business Detail

Business Type

Subchapter S Corporation

NAICS

238210

Borrower Location

Bluefield, WV

Project Location

Bluefield, WV

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.