PPP Loan information for University electric

$438,500

University electric was initially approved for PPP Loan of amount $438,500, the current approved amount is $438,500. The loan was approved on 02/13/2021 by The Premier Bank reported 28 jobs and $438,500 was used to fund payroll.

University electric is Existing or more than 2 years old

UNIVERSITY ELECTRIC

Date Approved

02/13/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

UNIVERSITY ELECTRIC

Borrower Address

419 Belmont Ave

Borrower City

Youngstown

Borrower State

OH

Borrower Zip

44502-1131

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

438500.00

Current Approval Amount

438500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84349

Servicing Lender Name

Premier Bank

Servicing Lender Address

275 W Federal St

Servicing Lender City

YOUNGSTOWN

Servicing Lender State

OH

Servicing Lender Zip

44503

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Youngstown

Project County Name

MAHONING

Project State

OH

Project Zip

44502-1131

CD

OH-06

Jobs Reported

28

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

438495.00

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

84349

Originating Lender

Premier Bank

Originating Lender City

YOUNGSTOWN

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

440960.47

Forgiveness Date

09/09/2021

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