PPP Loan information for Urban electrical contractors inc.

$1,312,137

Urban electrical contractors inc. was initially approved for PPP Loan of amount $1,312,137, the current approved amount is $1,312,137. The loan was approved on 04/07/2020 by The Fidelity Deposit and Discount Bank reported 50 jobs and $1,312,137 was used to fund payroll.

Urban electrical contractors inc. is Existing or more than 2 years old

URBAN ELECTRICAL CONTRACTORS INC.

Date Approved

04/07/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

URBAN ELECTRICAL CONTRACTORS INC.

Borrower Address

801 WILLIAM ST

Borrower City

SCRANTON

Borrower State

PA

Borrower Zip

18510-1244

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1312137.00

Current Approval Amount

1312137.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60093

Servicing Lender Name

Fidelity Deposit and Discount Bank

Servicing Lender Address

101 S Blakely St

Servicing Lender City

DUNMORE

Servicing Lender State

PA

Servicing Lender Zip

18512

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCRANTON

Project County Name

LACKAWANNA

Project State

PA

Project Zip

18510-1244

CD

PA-08

Jobs Reported

50

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1312137.00

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

Subchapter S Corporation

Originating Lender Location Id

60093

Originating Lender

Fidelity Deposit and Discount Bank

Originating Lender City

DUNMORE

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1326643.40

Forgiveness Date

05/21/2021

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