PPP Loan information for Stephen palmer electric, inc.

$62,500

Stephen palmer electric, inc. was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 04/28/2020 by The American Express National Bank reported 5 jobs and $62,500 was used to fund payroll.

Stephen palmer electric, inc. is Existing or more than 2 years old

PPP Loan Search / MD / Kensington / Stephen palmer electric, inc.

STEPHEN PALMER ELECTRIC, INC.

Date Approved

04/28/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

STEPHEN PALMER ELECTRIC, INC.

Borrower Address

10514 Detrick Avenue

Borrower City

Kensington

Borrower State

MD

Borrower Zip

20895

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kensington

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20895-0001

CD

MD-08

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6250.00

Payroll Proceed

31250.00

Mortgage Interest Proceed

0.00

Rent Proceed

12500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12500.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63219.18

Forgiveness Date

07/02/2021

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