PPP Loan information for Polyphase electric inc

$132,000

Polyphase electric inc was initially approved for PPP Loan of amount $132,000, the current approved amount is $132,000. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 11 jobs and $132,000 was used to fund payroll.

Polyphase electric inc is Existing or more than 2 years old

PPP Loan Search / NY / LONG ISLAND CITY / Polyphase electric inc

POLYPHASE ELECTRIC INC

Date Approved

04/30/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

POLYPHASE ELECTRIC INC

Borrower Address

4120 38TH ST

Borrower City

LONG ISLAND CITY

Borrower State

NY

Borrower Zip

11101-1709

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

132000.00

Current Approval Amount

132000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LONG ISLAND CITY

Project County Name

QUEENS

Project State

NY

Project Zip

11101-1709

CD

NY-07

Jobs Reported

11

NAICS Code

221122

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

132000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

132914.96

Forgiveness Date

01/14/2021

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