PPP Loan information for Sunburst electric corporation

$154,360

Sunburst electric corporation was initially approved for PPP Loan of amount $154,360, the current approved amount is $154,360. The loan was approved on 04/15/2020 by The Fulton Bank, National Association reported 11 jobs and $154,360 was used to fund payroll.

Sunburst electric corporation is Existing or more than 2 years old

SUNBURST ELECTRIC CORPORATION

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SUNBURST ELECTRIC CORPORATION

Borrower Address

114 N. FRANKFURT AVE

Borrower City

Egg Harbor City

Borrower State

NJ

Borrower Zip

08215

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154359.85

Current Approval Amount

154359.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Egg Harbor City

Project County Name

ATLANTIC

Project State

NJ

Project Zip

08215-0001

CD

NJ-02

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

38589.97

Payroll Proceed

115769.88

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

155946.33

Forgiveness Date

04/29/2021

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