PPP Loan information for Mortimer electric inc.

$75,783

Mortimer electric inc. was initially approved for PPP Loan of amount $75,783, the current approved amount is $75,783. The loan was approved on 01/23/2021 by The Altoona First Savings Bank reported 7 jobs and $75,783 was used to fund payroll.

Mortimer electric inc. is Existing or more than 2 years old

MORTIMER ELECTRIC INC.

Date Approved

01/23/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

MORTIMER ELECTRIC INC.

Borrower Address

110 School St

Borrower City

Bedford

Borrower State

PA

Borrower Zip

15522-1168

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75782.50

Current Approval Amount

75782.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77564

Servicing Lender Name

Altoona First Savings Bank

Servicing Lender Address

203 N Logan Blvd

Servicing Lender City

ALTOONA

Servicing Lender State

PA

Servicing Lender Zip

16602-1726

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bedford

Project County Name

BEDFORD

Project State

PA

Project Zip

15522-1168

CD

PA-13

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

75779.50

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

Subchapter S Corporation

Originating Lender Location Id

77564

Originating Lender

Altoona First Savings Bank

Originating Lender City

ALTOONA

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

76203.98

Forgiveness Date

08/24/2021

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