PPP Loan information for Pro-grade electric llc

$58,000

Pro-grade electric llc was initially approved for PPP Loan of amount $58,000, the current approved amount is $58,000. The loan was approved on 03/06/2021 by The Manufacturers and Traders Trust Company reported 6 jobs and $58,000 was used to fund payroll.

Pro-grade electric llc is Existing or more than 2 years old

PRO-GRADE ELECTRIC LLC

Date Approved

03/06/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

PRO-GRADE ELECTRIC LLC

Borrower Address

20245 Bay Vista Rd Unit 305

Borrower City

Rehoboth Beach

Borrower State

DE

Borrower Zip

19971-8025

Loan Status Date

04/08/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

58000.00

Current Approval Amount

58000.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rehoboth Beach

Project County Name

SUSSEX

Project State

DE

Project Zip

19971-8025

CD

DE-

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

57998.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

59160.00

Forgiveness Date

03/09/2023

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