PPP Loan information for Action electrical contractors inc

$792,585

Action electrical contractors inc was initially approved for PPP Loan of amount $792,585, the current approved amount is $792,585. The loan was approved on 02/18/2021 by The PNC Bank, National Association reported 59 jobs and $792,585 was used to fund payroll.

Action electrical contractors inc is Existing or more than 2 years old

PPP Loan Search / MD / Aberdeen / Action electrical contractors inc

ACTION ELECTRICAL CONTRACTORS INC

Date Approved

02/18/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

ACTION ELECTRICAL CONTRACTORS INC

Borrower Address

1050 Hardees Dr Ste C 1050 Hardees Dr Ste C

Borrower City

Aberdeen

Borrower State

MD

Borrower Zip

21001-2663

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

792585.00

Current Approval Amount

792585.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Aberdeen

Project County Name

HARFORD

Project State

MD

Project Zip

21001-2663

CD

MD-01

Jobs Reported

59

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

792585.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

798221.16

Forgiveness Date

11/03/2021

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