PPP Loan information for Ajm electric inc

$547,300

Ajm electric inc was initially approved for PPP Loan of amount $547,300, the current approved amount is $547,300. The loan was approved on 02/22/2021 by The The Victory Bank reported 37 jobs and $547,300 was used to fund payroll.

Ajm electric inc is Existing or more than 2 years old

AJM ELECTRIC INC

Date Approved

02/22/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

AJM ELECTRIC INC

Borrower Address

2333 Concord Rd

Borrower City

Chester

Borrower State

PA

Borrower Zip

19013-2447

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

547300.00

Current Approval Amount

547300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

453247

Servicing Lender Name

The Victory Bank

Servicing Lender Address

548 N Lewis Rd

Servicing Lender City

LIMERICK

Servicing Lender State

PA

Servicing Lender Zip

19468-1119

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chester

Project County Name

DELAWARE

Project State

PA

Project Zip

19013-2447

CD

PA-05

Jobs Reported

37

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

547297.00

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

453247

Originating Lender

The Victory Bank

Originating Lender City

LIMERICK

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

552164.89

Forgiveness Date

01/13/2022

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