PPP Loan information for Petri electric inc.

$1,562,115

Petri electric inc. was initially approved for PPP Loan of amount $1,562,115, the current approved amount is $1,562,115. The loan was approved on 04/09/2021 by The PNC Bank, National Association reported 101 jobs and $1,562,115 was used to fund payroll.

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

PETRI ELECTRIC INC.

Date Approved

04/09/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

PETRI ELECTRIC INC.

Borrower Address

907 N Bowser Rd

Borrower City

Richardson

Borrower State

TX

Borrower Zip

75081-2823

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1562115.00

Current Approval Amount

1562115.00

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

Richardson

Project County Name

DALLAS

Project State

TX

Project Zip

75081-2823

CD

TX-32

Jobs Reported

101

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1562113.00

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

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1578300.25

Forgiveness Date

04/21/2022

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