PPP Loan information for Interphase electric corp

$888,966

Interphase electric corp was initially approved for PPP Loan of amount $888,966, the current approved amount is $888,966. The loan was approved on 01/21/2021 by The Signature Bank reported 32 jobs and $888,966 was used to fund payroll.

Interphase electric corp is Existing or more than 2 years old

INTERPHASE ELECTRIC CORP

Date Approved

01/21/2021

SBA Office Code

0235

Processing Method

PPS

Borrower Name

INTERPHASE ELECTRIC CORP

Borrower Address

79 Rocklyn Ave

Borrower City

Lynbrook

Borrower State

NY

Borrower Zip

11563-2726

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

888966.00

Current Approval Amount

888966.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224478

Servicing Lender Name

Signature Bank

Servicing Lender Address

565 5th Ave, 12th Fl

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10017-2496

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lynbrook

Project County Name

NASSAU

Project State

NY

Project Zip

11563-2726

CD

NY-04

Jobs Reported

32

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

888966.00

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

224478

Originating Lender

Signature Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

895663.69

Forgiveness Date

11/01/2021

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