PPP Loan information for Positive electrical associates inc.

$1,027,990

Positive electrical associates inc. was initially approved for PPP Loan of amount $1,027,990, the current approved amount is $1,027,990. The loan was approved on 04/28/2020 by The Loan Source Incorporated reported 27 jobs and $1,027,990 was used to fund payroll.

Positive electrical associates inc. is Existing or more than 2 years old

PPP Loan Search / NY / Long Island City / Positive electrical associates inc.

POSITIVE ELECTRICAL ASSOCIATES INC.

Date Approved

04/28/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

POSITIVE ELECTRICAL ASSOCIATES INC.

Borrower Address

40-33 23rd Street

Borrower City

Long Island City

Borrower State

NY

Borrower Zip

11101

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1027990.00

Current Approval Amount

1027990.00

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

Long Island City

Project County Name

QUEENS

Project State

NY

Project Zip

11101-0001

CD

NY-07

Jobs Reported

27

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1027990.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

845672.36

Forgiveness Date

07/20/2021

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