PPP Loan information for Mid-atlantic electical services

$450,000

Mid-atlantic electical services was initially approved for PPP Loan of amount $450,000, the current approved amount is $450,000. The loan was approved on 04/14/2020 by The Fulton Bank, National Association reported 30 jobs and $450,000 was used to fund payroll.

Mid-atlantic electical services is Existing or more than 2 years old

PPP Loan Search / DE / Millsboro / Mid-atlantic electical services

MID-ATLANTIC ELECTICAL SERVICES

Date Approved

04/14/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

MID-ATLANTIC ELECTICAL SERVICES

Borrower Address

24556 Betts Pond Rd

Borrower City

Millsboro

Borrower State

DE

Borrower Zip

19966

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

450000.00

Current Approval Amount

450000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Millsboro

Project County Name

SUSSEX

Project State

DE

Project Zip

19966-0001

CD

DE-

Jobs Reported

30

NAICS Code

335311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

56250.00

Payroll Proceed

337500.00

Mortgage Interest Proceed

0.00

Rent Proceed

56250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

453025.00

Forgiveness Date

12/23/2020

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