PPP Loan information for Michael vassallo electric

$79,318

Michael vassallo electric was initially approved for PPP Loan of amount $79,318, the current approved amount is $79,318. The loan was approved on 05/08/2020 by The Wilmington Savings Fund Society, FSB reported 7 jobs and $79,318 was used to fund payroll.

Michael vassallo electric is Existing or more than 2 years old

MICHAEL VASSALLO ELECTRIC

Date Approved

05/08/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

MICHAEL VASSALLO ELECTRIC

Borrower Address

4 MILL PARK COURT

Borrower City

NEWARK

Borrower State

DE

Borrower Zip

19713

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79317.85

Current Approval Amount

79317.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19713-1003

CD

DE-

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

79317.85

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

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79961.09

Forgiveness Date

03/05/2021

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