PPP Loan information for R.e. yates electric inc

$419,940

R.e. yates electric inc was initially approved for PPP Loan of amount $419,940, the current approved amount is $419,940. The loan was approved on 04/09/2020 by The WesBanco Bank, Inc. reported 20 jobs and $419,940 was used to fund payroll.

R.e. yates electric inc is Existing or more than 2 years old

PPP Loan Search / PA / ALIQUIPPA / R.e. yates electric inc

R.E. YATES ELECTRIC INC

Date Approved

04/09/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

R.E. YATES ELECTRIC INC

Borrower Address

160 BET TECH DR

Borrower City

ALIQUIPPA

Borrower State

PA

Borrower Zip

15001-2419

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

419940.00

Current Approval Amount

419940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALIQUIPPA

Project County Name

BEAVER

Project State

PA

Project Zip

15001-2419

CD

PA-17

Jobs Reported

20

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

419940.00

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

422988.88

Forgiveness Date

01/08/2021

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