PPP Loan information for Cannon & wendt electric co., inc.

$6,232,100

Cannon & wendt electric co., inc. was initially approved for PPP Loan of amount $6,232,100, the current approved amount is $6,232,100. The loan was approved on 04/06/2020 by The UMB Bank, National Association reported 414 jobs and $6,232,100 was used to fund payroll.

Cannon & wendt electric co., inc. is Existing or more than 2 years old

CANNON & WENDT ELECTRIC CO., INC.

Date Approved

04/06/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

CANNON & WENDT ELECTRIC CO., INC.

Borrower Address

4020 N. 16th St.

Borrower City

PHOENIX

Borrower State

AZ

Borrower Zip

85016-5920

Loan Status Date

06/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6232100.00

Current Approval Amount

6232100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40891

Servicing Lender Name

UMB Bank, National Association

Servicing Lender Address

1010 Grand Blvd

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2225

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PHOENIX

Project County Name

MARICOPA

Project State

AZ

Project Zip

85016-5920

CD

AZ-03

Jobs Reported

414

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6232100.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

40891

Originating Lender

UMB Bank, National Association

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6305500.29

Forgiveness Date

06/11/2021

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