PPP Loan information for Charles h. macdonald electric, inc.

$2,600,000

Charles h. macdonald electric, inc. was initially approved for PPP Loan of amount $2,600,000, the current approved amount is $2,600,000. The loan was approved on 04/05/2020 by The Peoples Security Bank and Trust Company reported 65 jobs and $2,600,000 was used to fund payroll.

Charles h. macdonald electric, inc. is Existing or more than 2 years old

PPP Loan Search / PA / PAOLI / Charles h. macdonald electric, inc.

CHARLES H. MACDONALD ELECTRIC, INC.

Date Approved

04/05/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

CHARLES H. MACDONALD ELECTRIC, INC.

Borrower Address

30 S. Valley Road Suite 310

Borrower City

PAOLI

Borrower State

PA

Borrower Zip

19301-1408

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2600000.00

Current Approval Amount

2600000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60312

Servicing Lender Name

Peoples Security Bank and Trust Company

Servicing Lender Address

150 N Washington Ave

Servicing Lender City

SCRANTON

Servicing Lender State

PA

Servicing Lender Zip

18503-1843

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PAOLI

Project County Name

CHESTER

Project State

PA

Project Zip

19301-1408

CD

PA-06

Jobs Reported

65

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2197000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

403000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

60312

Originating Lender

Peoples Security Bank and Trust Company

Originating Lender City

SCRANTON

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2630550.00

Forgiveness Date

06/11/2021

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