PPP Loan information for G.i. electric co. inc

$34,955

G.i. electric co. inc was initially approved for PPP Loan of amount $34,955, the current approved amount is $34,955. The loan was approved on 03/23/2021 by The Woodlands Bank reported 3 jobs and $34,955 was used to fund payroll.

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

G.I. ELECTRIC CO. INC

Date Approved

03/23/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

G.I. ELECTRIC CO. INC

Borrower Address

944 Sheridan St

Borrower City

Williamsport

Borrower State

PA

Borrower Zip

17701-3640

Loan Status Date

07/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

34955.00

Current Approval Amount

34955.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113163

Servicing Lender Name

Woodlands Bank

Servicing Lender Address

2450 E Third St

Servicing Lender City

WILLIAMSPORT

Servicing Lender State

PA

Servicing Lender Zip

17701-4006

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Williamsport

Project County Name

LYCOMING

Project State

PA

Project Zip

17701-3640

CD

PA-09

Jobs Reported

3

NAICS Code

811219

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

34953.00

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

Subchapter S Corporation

Originating Lender Location Id

113163

Originating Lender

Woodlands Bank

Originating Lender City

WILLIAMSPORT

Originating Lender State

PA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

35385.95

Forgiveness Date

06/21/2022

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