PPP Loan information for First state electric company, inc.

$140,738

First state electric company, inc. was initially approved for PPP Loan of amount $140,738, the current approved amount is $140,738. The loan was approved on 04/10/2020 by The Wilmington Savings Fund Society, FSB reported 6 jobs and $140,738 was used to fund payroll.

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

PPP Loan Search / DE / NEW CASTLE / First state electric company, inc.

FIRST STATE ELECTRIC COMPANY, INC.

Date Approved

04/10/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

FIRST STATE ELECTRIC COMPANY, INC.

Borrower Address

25 KING CT

Borrower City

NEW CASTLE

Borrower State

DE

Borrower Zip

19720-1519

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

140737.62

Current Approval Amount

140737.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

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

6

NAICS Code

221118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

140737.62

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

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

142414.90

Forgiveness Date

07/06/2021

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