PPP Loan information for Devon electric inc.

$1,309,967

Devon electric inc. was initially approved for PPP Loan of amount $1,309,967, the current approved amount is $1,309,967. The loan was approved on 04/28/2020 by The First Commonwealth Bank reported 70 jobs and $1,309,967 was used to fund payroll.

Devon electric inc. is Existing or more than 2 years old

PPP Loan Search / PA / Malvern / Devon electric inc.

DEVON ELECTRIC INC.

Date Approved

04/28/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

DEVON ELECTRIC INC.

Borrower Address

21 Coffman Ave

Borrower City

Malvern

Borrower State

PA

Borrower Zip

19355-1512

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1309967.00

Current Approval Amount

1309967.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60009

Servicing Lender Name

First Commonwealth Bank

Servicing Lender Address

600 Philadelphia St

Servicing Lender City

INDIANA

Servicing Lender State

PA

Servicing Lender Zip

15701-3904

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Malvern

Project County Name

CHESTER

Project State

PA

Project Zip

19355-1512

CD

PA-06

Jobs Reported

70

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1309967.00

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

60009

Originating Lender

First Commonwealth Bank

Originating Lender City

INDIANA

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1323999.80

Forgiveness Date

06/04/2021

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