PPP Loan information for Mid city electrical corp.

$500,000

Mid city electrical corp. was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 03/17/2021 by The Flagstar Bank National Association reported 20 jobs and $500,000 was used to fund payroll.

Mid city electrical corp. is Existing or more than 2 years old

MID CITY ELECTRICAL CORP.

Date Approved

03/17/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

MID CITY ELECTRICAL CORP.

Borrower Address

2190 McDonald Ave

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11223-3926

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49887

Servicing Lender Name

Flagstar Bank National Association

Servicing Lender Address

102 Duffy Ave

Servicing Lender City

HICKSVILLE

Servicing Lender State

NY

Servicing Lender Zip

11801-3630

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11223-3926

CD

NY-09

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

499995.00

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

49887

Originating Lender

Flagstar Bank National Association

Originating Lender City

HICKSVILLE

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

504458.33

Forgiveness Date

02/02/2022

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