PPP Loan information for Cedar electric, inc.

$316,000

Cedar electric, inc. was initially approved for PPP Loan of amount $316,000, the current approved amount is $316,000. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 32 jobs and $316,000 was used to fund payroll.

Cedar electric, inc. is Existing or more than 2 years old

CEDAR ELECTRIC, INC.

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

CEDAR ELECTRIC, INC.

Borrower Address

528 Cheltenham Court

Borrower City

Lititz

Borrower State

PA

Borrower Zip

17543

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

316000.00

Current Approval Amount

316000.00

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

Lititz

Project County Name

LANCASTER

Project State

PA

Project Zip

17543-0001

CD

PA-11

Jobs Reported

32

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

700.00

Payroll Proceed

307390.00

Mortgage Interest Proceed

0.00

Rent Proceed

1110.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6800.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

318294.25

Forgiveness Date

01/14/2021

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