PPP Loan information for Medco electric inc

$237,777

Medco electric inc was initially approved for PPP Loan of amount $247,777, the current approved amount is $237,777. The loan was approved on 04/30/2020 by The JPMorgan Chase Bank, National Association reported 9 jobs and $237,777 was used to fund payroll.

Medco electric inc is Existing or more than 2 years old

PPP Loan Search / NY / YONKERS / Medco electric inc

MEDCO ELECTRIC INC

Date Approved

04/30/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

MEDCO ELECTRIC INC

Borrower Address

157 TIBBETTS RD SUITE 103

Borrower City

YONKERS

Borrower State

NY

Borrower Zip

10705

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

247777.00

Current Approval Amount

237777.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

YONKERS

Project County Name

WESTCHESTER

Project State

NY

Project Zip

10705-0001

CD

NY-16

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

227777.00

Mortgage Interest Proceed

0.00

Rent Proceed

9000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

240903.37

Forgiveness Date

08/30/2021

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