PPP Loan information for G-c electric co. inc.

$638,000

G-c electric co. inc. was initially approved for PPP Loan of amount $638,000, the current approved amount is $638,000. The loan was approved on 01/26/2021 by The Univest Bank and Trust Co. reported 50 jobs and $638,000 was used to fund payroll.

G-c electric co. inc. is Existing or more than 2 years old

PPP Loan Search / PA / Allentown / G-c electric co. inc.

G-C ELECTRIC CO. INC.

Date Approved

01/26/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

G-C ELECTRIC CO. INC.

Borrower Address

705 E Rock Rd

Borrower City

Allentown

Borrower State

PA

Borrower Zip

18103-7526

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

638000.00

Current Approval Amount

638000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65350

Servicing Lender Name

Univest Bank and Trust Co.

Servicing Lender Address

14 N Main St

Servicing Lender City

SOUDERTON

Servicing Lender State

PA

Servicing Lender Zip

18964-1713

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Allentown

Project County Name

LEHIGH

Project State

PA

Project Zip

18103-7526

CD

PA-07

Jobs Reported

50

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

637998.00

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

65350

Originating Lender

Univest Bank and Trust Co.

Originating Lender City

SOUDERTON

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

641915.40

Forgiveness Date

09/09/2021

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