PPP Loan information for Meridian electrical associates

$387,500

Meridian electrical associates was initially approved for PPP Loan of amount $387,500, the current approved amount is $387,500. The loan was approved on 04/14/2020 by The Firstrust Savings Bank reported 32 jobs and $387,500 was used to fund payroll.

Meridian electrical associates is Existing or more than 2 years old

MERIDIAN ELECTRICAL ASSOCIATES

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MERIDIAN ELECTRICAL ASSOCIATES

Borrower Address

2501 Bristol Road

Borrower City

WARRINGTON

Borrower State

PA

Borrower Zip

18976-1401

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

387500.00

Current Approval Amount

387500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80997

Servicing Lender Name

Firstrust Savings Bank

Servicing Lender Address

15 E Ridge Pike

Servicing Lender City

CONSHOHOCKEN

Servicing Lender State

PA

Servicing Lender Zip

19428-2139

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WARRINGTON

Project County Name

BUCKS

Project State

PA

Project Zip

18976-1401

CD

PA-01

Jobs Reported

32

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

387500.00

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

80997

Originating Lender

Firstrust Savings Bank

Originating Lender City

CONSHOHOCKEN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

391988.54

Forgiveness Date

07/02/2021

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