PPP Loan information for Action electrical contractors inc

$792,500

Action electrical contractors inc was initially approved for PPP Loan of amount $792,500, the current approved amount is $792,500. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 60 jobs and $792,500 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

04/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ACTION ELECTRICAL CONTRACTORS INC

Borrower Address

1050 HARDEES DR

Borrower City

ABERDEEN

Borrower State

MD

Borrower Zip

21001-2637

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

792500.00

Current Approval Amount

792500.00

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

21001-2637

CD

MD-01

Jobs Reported

60

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

792500.00

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

799324.31

Forgiveness Date

02/25/2021

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