PPP Loan information for Foto electric supply co

$901,753

Foto electric supply co was initially approved for PPP Loan of amount $901,753, the current approved amount is $901,753. The loan was approved on 02/06/2021 by The Customers Bank reported 47 jobs and $901,753 was used to fund payroll.

Foto electric supply co is Existing or more than 2 years old

FOTO ELECTRIC SUPPLY CO

Date Approved

02/06/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

FOTO ELECTRIC SUPPLY CO

Borrower Address

1 Rewe St

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11211-1707

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

901753.00

Current Approval Amount

901753.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11211-1707

CD

NY-07

Jobs Reported

47

NAICS Code

316998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

901751.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

912549.33

Forgiveness Date

04/26/2022

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