PPP Loan information for Shields electric inc

$204,200

Shields electric inc was initially approved for PPP Loan of amount $204,200, the current approved amount is $204,200. The loan was approved on 04/28/2020 by The Wilmington Savings Fund Society, FSB reported 13 jobs and $204,200 was used to fund payroll.

Shields electric inc is Existing or more than 2 years old

PPP Loan Search / DE / Wilmington / Shields electric inc

SHIELDS ELECTRIC INC

Date Approved

04/28/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

SHIELDS ELECTRIC INC

Borrower Address

104 Becker Ave

Borrower City

Wilmington

Borrower State

DE

Borrower Zip

19804

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

204200.15

Current Approval Amount

204200.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19804-0001

CD

DE-

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

204200.15

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

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

205884.10

Forgiveness Date

03/01/2021

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