PPP Loan information for Fromm electric supply corp

$1,357,826

Fromm electric supply corp was initially approved for PPP Loan of amount $1,357,826, the current approved amount is $1,357,826. The loan was approved on 01/25/2021 by The Customers Bank reported 98 jobs and $1,357,826 was used to fund payroll.

Fromm electric supply corp is Existing or more than 2 years old

PPP Loan Search / PA / Reading / Fromm electric supply corp

FROMM ELECTRIC SUPPLY CORP

Date Approved

01/25/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

FROMM ELECTRIC SUPPLY CORP

Borrower Address

2101 Centre Ave

Borrower City

Reading

Borrower State

PA

Borrower Zip

19605-2872

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1357826.00

Current Approval Amount

1357826.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Reading

Project County Name

BERKS

Project State

PA

Project Zip

19605-2872

CD

PA-04

Jobs Reported

98

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1357824.00

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

1373301.50

Forgiveness Date

03/28/2022

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