PPP Loan information for Peter d furness electric co. inc.

$2,000,000

Peter d furness electric co. inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/24/2021 by The Loan Source Incorporated reported 110 jobs and $2,000,000 was used to fund payroll.

Peter d furness electric co. inc. is Existing or more than 2 years old

PPP Loan Search / DE / Wilmington / Peter d furness electric co. inc.

PETER D FURNESS ELECTRIC CO. INC.

Date Approved

02/24/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

PETER D FURNESS ELECTRIC CO. INC.

Borrower Address

1604 Todds Ln

Borrower City

Wilmington

Borrower State

DE

Borrower Zip

19802-2422

Loan Status Date

04/15/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19802-2422

CD

DE-

Jobs Reported

110

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1999998.00

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

Subchapter S Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2046082.19

Forgiveness Date

06/22/2023

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