PPP Loan information for Apollo electric industrial inc.

$397,357

Apollo electric industrial inc. was initially approved for PPP Loan of amount $397,357, the current approved amount is $397,357. The loan was approved on 02/02/2021 by The Hanover Community Bank reported 42 jobs and $397,357 was used to fund payroll.

Apollo electric industrial inc. is Existing or more than 2 years old

APOLLO ELECTRIC INDUSTRIAL INC.

Date Approved

02/02/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

APOLLO ELECTRIC INDUSTRIAL INC.

Borrower Address

217 Diamond Street

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11222

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

397356.92

Current Approval Amount

397356.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462816

Servicing Lender Name

Hanover Community Bank

Servicing Lender Address

80 East Jericho Turnpike

Servicing Lender City

Mineola

Servicing Lender State

NY

Servicing Lender Zip

11501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11222

CD

NY-12

Jobs Reported

42

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

397350.92

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

Corporation

Originating Lender Location Id

462816

Originating Lender

Hanover Community Bank

Originating Lender City

Mineola

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

401131.81

Forgiveness Date

01/25/2022

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