PPP Loan information for Meco electric co., inc.

$999,000

Meco electric co., inc. was initially approved for PPP Loan of amount $999,000, the current approved amount is $999,000. The loan was approved on 04/15/2020 by The Citibank, N.A. reported 28 jobs and $999,000 was used to fund payroll.

Meco electric co., inc. is Existing or more than 2 years old

MECO ELECTRIC CO., INC.

Date Approved

04/15/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

MECO ELECTRIC CO., INC.

Borrower Address

56 West Street

Borrower City

STATEN ISLAND

Borrower State

NY

Borrower Zip

10310

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

999000.00

Current Approval Amount

999000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STATEN ISLAND

Project County Name

RICHMOND

Project State

NY

Project Zip

10310-0001

CD

NY-11

Jobs Reported

28

NAICS Code

238210

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

999000.00

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

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

775732.74

Forgiveness Date

05/17/2022

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