PPP Loan information for Cavanaugh electric company

$208,375

Cavanaugh electric company was initially approved for PPP Loan of amount $208,375, the current approved amount is $208,375. The loan was approved on 04/08/2021 by The Customers Bank reported 18 jobs and $208,375 was used to fund payroll.

Cavanaugh electric company is Existing or more than 2 years old

PPP Loan Search / OH / Grafton / Cavanaugh electric company

CAVANAUGH ELECTRIC COMPANY

Date Approved

04/08/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

CAVANAUGH ELECTRIC COMPANY

Borrower Address

37261 Capel Rd N/A

Borrower City

Grafton

Borrower State

OH

Borrower Zip

44044-9474

Loan Status Date

04/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

208375.00

Current Approval Amount

208375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grafton

Project County Name

LORAIN

Project State

OH

Project Zip

44044-9474

CD

OH-05

Jobs Reported

18

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

208374.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

210618.60

Forgiveness Date

05/16/2022

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