PPP Loan information for Falcon electric inc

$590,267

Falcon electric inc was initially approved for PPP Loan of amount $590,267, the current approved amount is $590,267. The loan was approved on 04/14/2020 by The Valley National Bank reported 43 jobs and $590,267 was used to fund payroll.

Falcon electric inc is Existing or more than 2 years old

FALCON ELECTRIC INC

Date Approved

04/14/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

FALCON ELECTRIC INC

Borrower Address

440 Roberts Rd Suite 5

Borrower City

OLDSMAR

Borrower State

FL

Borrower Zip

34677

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

590267.00

Current Approval Amount

590267.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLDSMAR

Project County Name

PINELLAS

Project State

FL

Project Zip

34677-0001

CD

FL-13

Jobs Reported

43

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

590267.00

Payroll Proceed

0.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

594792.38

Forgiveness Date

01/25/2021

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