PPP Loan information for Expert electric

$68,930

Expert electric was initially approved for PPP Loan of amount $68,930, the current approved amount is $68,930. The loan was approved on 04/28/2020 by The Ion Bank reported 5 jobs and $68,930 was used to fund payroll.

Expert electric is Existing or more than 2 years old

EXPERT ELECTRIC

Date Approved

04/28/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

EXPERT ELECTRIC

Borrower Address

479 CANDEE RD

Borrower City

NAUGATUCK

Borrower State

CT

Borrower Zip

06770-4827

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68930.00

Current Approval Amount

68930.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16333

Servicing Lender Name

Ion Bank

Servicing Lender Address

87 Church St

Servicing Lender City

NAUGATUCK

Servicing Lender State

CT

Servicing Lender Zip

06770-4111

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NAUGATUCK

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06770-4827

CD

CT-03

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

68930.00

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

16333

Originating Lender

Ion Bank

Originating Lender City

NAUGATUCK

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

69349.25

Forgiveness Date

12/17/2020

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