PPP Loan information for Panel electric inc

$178,000

Panel electric inc was initially approved for PPP Loan of amount $178,000, the current approved amount is $178,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 21 jobs and $178,000 was used to fund payroll.

Panel electric inc is Existing or more than 2 years old

PANEL ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

PANEL ELECTRIC INC

Borrower Address

1044 CHARLOTTE AVE

Borrower City

WEST PALM BEACH

Borrower State

FL

Borrower Zip

33401

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

178000.00

Current Approval Amount

178000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WEST PALM BEACH

Project County Name

PALM BEACH

Project State

FL

Project Zip

33401-0002

CD

FL-22

Jobs Reported

21

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

104914.00

Payroll Proceed

37500.00

Mortgage Interest Proceed

0.00

Rent Proceed

9336.00

Refinance EIDL Proceed

0.00

Health Care Proceed

26250.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

180190.19

Forgiveness Date

07/28/2021

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