PPP Loan information for Sigma electric group inc

$116,892

Sigma electric group inc was initially approved for PPP Loan of amount $116,892, the current approved amount is $116,892. The loan was approved on 03/10/2021 by The Meridian Bank reported 16 jobs and $116,892 was used to fund payroll.

Sigma electric group inc is Existing or more than 2 years old

SIGMA ELECTRIC GROUP INC

Date Approved

03/10/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

SIGMA ELECTRIC GROUP INC

Borrower Address

768 Sycamore Dr

Borrower City

Southampton

Borrower State

PA

Borrower Zip

18966-4223

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

116891.92

Current Approval Amount

116891.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378591

Servicing Lender Name

Meridian Bank

Servicing Lender Address

9 Old Lincoln Hwy

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355-2551

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Southampton

Project County Name

BUCKS

Project State

PA

Project Zip

18966-4223

CD

PA-01

Jobs Reported

16

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

116890.92

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

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

117987.18

Forgiveness Date

02/25/2022

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