PPP Loan information for Joule electric inc

$170,000

Joule electric inc was initially approved for PPP Loan of amount $170,000, the current approved amount is $170,000. The loan was approved on 08/06/2020 by The The Victory Bank reported 6 jobs and $170,000 was used to fund payroll.

Joule electric inc is Existing or more than 2 years old

PPP Loan Search / PA / CHALFONT / Joule electric inc

JOULE ELECTRIC INC

Date Approved

08/06/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

JOULE ELECTRIC INC

Borrower Address

3531 HIGH GATE AVE

Borrower City

CHALFONT

Borrower State

PA

Borrower Zip

18914-4422

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

170000.00

Current Approval Amount

170000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

453247

Servicing Lender Name

The Victory Bank

Servicing Lender Address

548 N Lewis Rd

Servicing Lender City

LIMERICK

Servicing Lender State

PA

Servicing Lender Zip

19468-1119

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHALFONT

Project County Name

BUCKS

Project State

PA

Project Zip

18914-4422

CD

PA-01

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

170000.00

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

453247

Originating Lender

The Victory Bank

Originating Lender City

LIMERICK

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

171619.72

Forgiveness Date

07/26/2021

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