PPP Loan information for Summit electric construction inc

$792,757

Summit electric construction inc was initially approved for PPP Loan of amount $792,757, the current approved amount is $792,757. The loan was approved on 02/05/2021 by The First Citizens Community Bank reported 60 jobs and $792,757 was used to fund payroll.

Summit electric construction inc is Existing or more than 2 years old

SUMMIT ELECTRIC CONSTRUCTION INC

Date Approved

02/05/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

SUMMIT ELECTRIC CONSTRUCTION INC

Borrower Address

305 W Bristol Rd

Borrower City

Warminster

Borrower State

PA

Borrower Zip

18974-1101

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

792757.00

Current Approval Amount

792757.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61007

Servicing Lender Name

First Citizens Community Bank

Servicing Lender Address

15 S Main St

Servicing Lender City

MANSFIELD

Servicing Lender State

PA

Servicing Lender Zip

16933-1507

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Warminster

Project County Name

BUCKS

Project State

PA

Project Zip

18974-1101

CD

PA-01

Jobs Reported

60

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

792752.00

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

87216

Originating Lender

Huntingdon Valley Bank

Originating Lender City

HUNTINGDON VALLEY

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

797249.29

Forgiveness Date

09/01/2021

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