PPP Loan information for Electroline corp.

$112,207

Electroline corp. was initially approved for PPP Loan of amount $112,207, the current approved amount is $112,207. The loan was approved on 04/02/2021 by The QNB Bank reported 14 jobs and $112,207 was used to fund payroll.

Electroline corp. is Existing or more than 2 years old

ELECTROLINE CORP.

Date Approved

04/02/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

ELECTROLINE CORP.

Borrower Address

6182 Easton Rd

Borrower City

Pipersville

Borrower State

PA

Borrower Zip

18947-1024

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112207.00

Current Approval Amount

112207.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

62342

Servicing Lender Name

QNB Bank

Servicing Lender Address

15 N Third St

Servicing Lender City

QUAKERTOWN

Servicing Lender State

PA

Servicing Lender Zip

18951-1376

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pipersville

Project County Name

BUCKS

Project State

PA

Project Zip

18947-1024

CD

PA-01

Jobs Reported

14

NAICS Code

332216

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

112205.00

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

Corporation

Originating Lender Location Id

62342

Originating Lender

QNB Bank

Originating Lender City

QUAKERTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

112612.79

Forgiveness Date

08/18/2021

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