PPP Loan information for B w electric inc. and bw services llc

$557,500

B w electric inc. and bw services llc was initially approved for PPP Loan of amount $557,500, the current approved amount is $557,500. The loan was approved on 04/11/2020 by The Fulton Bank, National Association reported 26 jobs and $557,500 was used to fund payroll.

B w electric inc. and bw services llc is Existing or more than 2 years old

B W ELECTRIC INC. AND BW SERVICES LLC

Date Approved

04/11/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

B W ELECTRIC INC. AND BW SERVICES LLC

Borrower Address

15342 S Dupont Hwy

Borrower City

HARRINGTON

Borrower State

DE

Borrower Zip

19952-3114

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

557500.00

Current Approval Amount

557500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HARRINGTON

Project County Name

KENT

Project State

DE

Project Zip

19952-3114

CD

DE-

Jobs Reported

26

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

69687.00

Payroll Proceed

418125.00

Mortgage Interest Proceed

0.00

Rent Proceed

69688.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

562517.50

Forgiveness Date

03/11/2021

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