PPP Loan information for Philadelphia electrical equipment co

$219,345

Philadelphia electrical equipment co was initially approved for PPP Loan of amount $219,345, the current approved amount is $219,345. The loan was approved on 05/18/2021 by The Loan Source Incorporated reported 12 jobs and $219,345 was used to fund payroll.

Philadelphia electrical equipment co is Existing or more than 2 years old

PHILADELPHIA ELECTRICAL EQUIPMENT CO

Date Approved

05/18/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

PHILADELPHIA ELECTRICAL EQUIPMENT CO

Borrower Address

14 Mount Pleasant Rd

Borrower City

Aston

Borrower State

PA

Borrower Zip

19014-1408

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

219345.00

Current Approval Amount

219345.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Aston

Project County Name

DELAWARE

Project State

PA

Project Zip

19014-1408

CD

PA-05

Jobs Reported

12

NAICS Code

335313

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

219345.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

221268.02

Forgiveness Date

04/12/2022

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