PPP Loan information for Mjf electrical contracting inc

$250,000

Mjf electrical contracting inc was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 04/14/2020 by The Meridian Bank reported 20 jobs and $250,000 was used to fund payroll.

Mjf electrical contracting inc is Existing or more than 2 years old

PPP Loan Search / PA / MORRISVILLE / Mjf electrical contracting inc

MJF ELECTRICAL CONTRACTING INC

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MJF ELECTRICAL CONTRACTING INC

Borrower Address

1380 S Pennsylvania Ave

Borrower City

MORRISVILLE

Borrower State

PA

Borrower Zip

19067

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378591

Servicing Lender Name

Meridian Bank

Servicing Lender Address

9 Old Lincoln Hwy

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355-2551

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MORRISVILLE

Project County Name

BUCKS

Project State

PA

Project Zip

19067-0001

CD

PA-01

Jobs Reported

20

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

239500.00

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

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

251726.03

Forgiveness Date

01/06/2021

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