PPP Loan information for Selectric electrical contracting co. inc.

$609,600

Selectric electrical contracting co. inc. was initially approved for PPP Loan of amount $609,600, the current approved amount is $609,600. The loan was approved on 04/15/2021 by The Citibank, N.A. reported 17 jobs and $609,600 was used to fund payroll.

Selectric electrical contracting co. inc. is Existing or more than 2 years old

PPP Loan Search / NY / Elmhurst / Selectric electrical contracting co. inc.

SELECTRIC ELECTRICAL CONTRACTING CO. INC.

Date Approved

04/15/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

SELECTRIC ELECTRICAL CONTRACTING CO. INC.

Borrower Address

7814 46th Ave

Borrower City

Elmhurst

Borrower State

NY

Borrower Zip

11373-2929

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

609600.00

Current Approval Amount

609600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Elmhurst

Project County Name

QUEENS

Project State

NY

Project Zip

11373-2929

CD

NY-06

Jobs Reported

17

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

609598.00

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

Cooperative

Originating Lender Location Id

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

583215.76

Forgiveness Date

12/14/2021

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