PPP Loan information for Mustang electric corp

$300,000

Mustang electric corp was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 02/10/2021 by The PNC Bank, National Association reported 29 jobs and $300,000 was used to fund payroll.

Mustang electric corp is Existing or more than 2 years old

PPP Loan Search / FL / Boca Raton / Mustang electric corp

MUSTANG ELECTRIC CORP

Date Approved

02/10/2021

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MUSTANG ELECTRIC CORP

Borrower Address

7700 Congress Ave 7700 Congress Ave

Borrower City

Boca Raton

Borrower State

FL

Borrower Zip

33487-1352

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Boca Raton

Project County Name

PALM BEACH

Project State

FL

Project Zip

33487-1352

CD

FL-23

Jobs Reported

29

NAICS Code

238210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

299995.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

302033.33

Forgiveness Date

10/15/2021

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