PPP Loan information for Prince electric corp.

$261,083

Prince electric corp. was initially approved for PPP Loan of amount $261,083, the current approved amount is $261,083. The loan was approved on 04/28/2020 by The Signature Bank reported 16 jobs and $261,083 was used to fund payroll.

Prince electric corp. is Existing or more than 2 years old

PRINCE ELECTRIC CORP.

Date Approved

04/28/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

PRINCE ELECTRIC CORP.

Borrower Address

130-07 26TH AVE

Borrower City

FLUSHING

Borrower State

NY

Borrower Zip

11354

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

261083.00

Current Approval Amount

261083.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224478

Servicing Lender Name

Signature Bank

Servicing Lender Address

565 5th Ave, 12th Fl

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10017-2496

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLUSHING

Project County Name

QUEENS

Project State

NY

Project Zip

11354-0050

CD

NY-14

Jobs Reported

16

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

261083.00

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

Subchapter S Corporation

Originating Lender Location Id

224478

Originating Lender

Signature Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

262499.29

Forgiveness Date

11/19/2020

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