PPP Loan information for Beneficial electric

$213,760

Beneficial electric was initially approved for PPP Loan of amount $213,760, the current approved amount is $213,760. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 20 jobs and $213,760 was used to fund payroll.

Beneficial electric is Existing or more than 2 years old

BENEFICIAL ELECTRIC

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

BENEFICIAL ELECTRIC

Borrower Address

243 S old middletown rd

Borrower City

media

Borrower State

PA

Borrower Zip

19063

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

213760.00

Current Approval Amount

213760.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

media

Project County Name

DELAWARE

Project State

PA

Project Zip

19063-0001

CD

PA-05

Jobs Reported

20

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

200000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

13760.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

215698.48

Forgiveness Date

03/18/2021

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