PPP Loan information for First state electric company

$149,835

First state electric company was initially approved for PPP Loan of amount $149,835, the current approved amount is $149,835. The loan was approved on 02/18/2021 by The Loan Source Incorporated reported 7 jobs and $149,835 was used to fund payroll.

First state electric company is Existing or more than 2 years old

PPP Loan Search / DE / New Castle / First state electric company

FIRST STATE ELECTRIC COMPANY

Date Approved

02/18/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

FIRST STATE ELECTRIC COMPANY

Borrower Address

25 King Ct

Borrower City

New Castle

Borrower State

DE

Borrower Zip

19720-1519

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149835.00

Current Approval Amount

149835.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Castle

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19720-1519

CD

DE-

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

149832.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

151591.97

Forgiveness Date

04/28/2022

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