PPP Loan information for Power plus electrical contracting, inc.

$90,680

Power plus electrical contracting, inc. was initially approved for PPP Loan of amount $90,680, the current approved amount is $90,680. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 7 jobs and $90,680 was used to fund payroll.

Power plus electrical contracting, inc. is Existing or more than 2 years old

POWER PLUS ELECTRICAL CONTRACTING, INC.

Date Approved

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

POWER PLUS ELECTRICAL CONTRACTING, INC.

Borrower Address

4985 N. Dupont Highway

Borrower City

Dover

Borrower State

DE

Borrower Zip

19901

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90680.00

Current Approval Amount

90680.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dover

Project County Name

KENT

Project State

DE

Project Zip

19901-1200

CD

DE-

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

86680.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

2000

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85123.12

Forgiveness Date

10/30/2020

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