PPP Loan information for Towles electric inc

$72,257

Towles electric inc was initially approved for PPP Loan of amount $72,257, the current approved amount is $72,257. The loan was approved on 02/09/2021 by The Dover FCU reported 9 jobs and $72,257 was used to fund payroll.

Towles electric inc is Existing or more than 2 years old

TOWLES ELECTRIC INC

Date Approved

02/09/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

TOWLES ELECTRIC INC

Borrower Address

621 W Division St Bldg 105

Borrower City

Dover

Borrower State

DE

Borrower Zip

19904-2701

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72257.00

Current Approval Amount

72257.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

93794

Servicing Lender Name

Dover FCU

Servicing Lender Address

1075 Silver Lake Blvd

Servicing Lender City

DOVER

Servicing Lender State

DE

Servicing Lender Zip

19904-2411

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dover

Project County Name

KENT

Project State

DE

Project Zip

19904-2701

CD

DE-

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72257.00

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

93794

Originating Lender

Dover FCU

Originating Lender City

DOVER

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

72782.87

Forgiveness Date

11/02/2021

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