PPP Loan information for The electric heater company

$1,809,273

The electric heater company was initially approved for PPP Loan of amount $1,809,273, the current approved amount is $1,809,273. The loan was approved on 01/26/2021 by The KeyBank National Association reported 154 jobs and $1,809,273 was used to fund payroll.

The electric heater company is Existing or more than 2 years old

THE ELECTRIC HEATER COMPANY

Date Approved

01/26/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

THE ELECTRIC HEATER COMPANY

Borrower Address

45 Seymour St

Borrower City

Stratford

Borrower State

CT

Borrower Zip

06615-6170

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1809273.00

Current Approval Amount

1809273.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Stratford

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06615-6170

CD

CT-03

Jobs Reported

154

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1809268.00

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

Corporation

Originating Lender Location Id

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1822408.82

Forgiveness Date

10/26/2021

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