PPP Loan information for Commonwealth construction co inc

$215,702

Commonwealth construction co inc was initially approved for PPP Loan of amount $215,702, the current approved amount is $215,702. The loan was approved on 02/09/2021 by The Loan Source Incorporated reported 11 jobs and $215,702 was used to fund payroll.

Commonwealth construction co inc is Existing or more than 2 years old

COMMONWEALTH CONSTRUCTION CO INC

Date Approved

02/09/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

COMMONWEALTH CONSTRUCTION CO INC

Borrower Address

2317 Pennsylvania Ave

Borrower City

Wilmington

Borrower State

DE

Borrower Zip

19806-1318

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

215702.00

Current Approval Amount

215702.00

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

Wilmington

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19806-1318

CD

DE-

Jobs Reported

11

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

215699.00

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

Subchapter S Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

217356.70

Forgiveness Date

11/26/2021

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