PPP Loan information for Martella electric company

$143,522

Martella electric company was initially approved for PPP Loan of amount $143,522, the current approved amount is $143,522. The loan was approved on 04/27/2020 by The Santander Bank, National Association reported 12 jobs and $143,522 was used to fund payroll.

Martella electric company is Existing or more than 2 years old

MARTELLA ELECTRIC COMPANY

Date Approved

04/27/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MARTELLA ELECTRIC COMPANY

Borrower Address

1101 Sussex Blvd

Borrower City

Broomall

Borrower State

PA

Borrower Zip

19008

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

143522.00

Current Approval Amount

143522.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Broomall

Project County Name

DELAWARE

Project State

PA

Project Zip

19008-0001

CD

PA-05

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

143522.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

144697.70

Forgiveness Date

02/24/2021

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