PPP Loan information for The phillips electric co.

$220,588

The phillips electric co. was initially approved for PPP Loan of amount $220,588, the current approved amount is $220,588. The loan was approved on 03/20/2021 by The The Middlefield Banking Company reported 13 jobs and $220,588 was used to fund payroll.

The phillips electric co. is Existing or more than 2 years old

PPP Loan Search / OH / Cleveland / The phillips electric co.

THE PHILLIPS ELECTRIC CO.

Date Approved

03/20/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

THE PHILLIPS ELECTRIC CO.

Borrower Address

4126 Saint Clair Ave

Borrower City

Cleveland

Borrower State

OH

Borrower Zip

44103-1120

Loan Status Date

07/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

220588.35

Current Approval Amount

220588.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57805

Servicing Lender Name

The Middlefield Banking Company

Servicing Lender Address

15985 E High St

Servicing Lender City

MIDDLEFIELD

Servicing Lender State

OH

Servicing Lender Zip

44062

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cleveland

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44103-1120

CD

OH-11

Jobs Reported

13

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

220587.35

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

57805

Originating Lender

The Middlefield Banking Company

Originating Lender City

MIDDLEFIELD

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

223144.76

Forgiveness Date

06/03/2022

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