PPP Loan information for Communications electronics inc.

$1,886,550

Communications electronics inc. was initially approved for PPP Loan of amount $1,886,550, the current approved amount is $1,886,550. The loan was approved on 02/02/2021 by The First National Bank of Pennsylvania reported 123 jobs and $1,886,550 was used to fund payroll.

Communications electronics inc. is Existing or more than 2 years old

PPP Loan Search / MD / Lutherville / Communications electronics inc.

COMMUNICATIONS ELECTRONICS INC.

Date Approved

02/02/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

COMMUNICATIONS ELECTRONICS INC.

Borrower Address

1953 Greenspring Dr

Borrower City

Lutherville

Borrower State

MD

Borrower Zip

21093-4113

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1886550.00

Current Approval Amount

1886550.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lutherville

Project County Name

BALTIMORE

Project State

MD

Project Zip

21093-4113

CD

MD-02

Jobs Reported

123

NAICS Code

811213

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1886549.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1897714.24

Forgiveness Date

09/10/2021

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