PPP Loan information for Cavan electric corp

$70,790

Cavan electric corp was initially approved for PPP Loan of amount $70,790, the current approved amount is $70,790. The loan was approved on 02/10/2021 by The Loan Source Incorporated reported 5 jobs and $70,790 was used to fund payroll.

Cavan electric corp is Existing or more than 2 years old

CAVAN ELECTRIC CORP

Date Approved

02/10/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

CAVAN ELECTRIC CORP

Borrower Address

4808 70th St

Borrower City

Woodside

Borrower State

NY

Borrower Zip

11377-6046

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70790.00

Current Approval Amount

70790.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woodside

Project County Name

QUEENS

Project State

NY

Project Zip

11377-6046

CD

NY-06

Jobs Reported

5

NAICS Code

335999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

70786.00

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

Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

71645.30

Forgiveness Date

05/05/2022

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