PPP Loan information for Black electric inc

$49,655

Black electric inc was initially approved for PPP Loan of amount $49,655, the current approved amount is $49,655. The loan was approved on 01/30/2021 by The PNC Bank, National Association reported 6 jobs and $49,655 was used to fund payroll.

Black electric inc is Existing or more than 2 years old

BLACK ELECTRIC INC

Date Approved

01/30/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

BLACK ELECTRIC INC

Borrower Address

1110 Island Ave

Borrower City

Mc Kees Rocks

Borrower State

PA

Borrower Zip

15136-2514

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49655.00

Current Approval Amount

49655.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mc Kees Rocks

Project County Name

ALLEGHENY

Project State

PA

Project Zip

15136-2514

CD

PA-17

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49652.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

49981.90

Forgiveness Date

09/28/2021

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