PPP Loan information for Continental electrical services

$445,108

Continental electrical services was initially approved for PPP Loan of amount $445,107, the current approved amount is $445,108. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 38 jobs and $445,108 was used to fund payroll.

Continental electrical services is Existing or more than 2 years old

CONTINENTAL ELECTRICAL SERVICES

Date Approved

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

CONTINENTAL ELECTRICAL SERVICES

Borrower Address

3 Mill Park Court

Borrower City

Newark

Borrower State

DE

Borrower Zip

19713

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

445107.00

Current Approval Amount

445107.50

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

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19713-1003

CD

DE-

Jobs Reported

38

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

487.00

Payroll Proceed

395000.50

Mortgage Interest Proceed

2620.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

450204.90

Forgiveness Date

06/22/2021

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