Date Approved
04/10/2020
SBA Office Code
0202
Processing Method
PPP
Borrower Name
WADE ELECTRIC INC.
Borrower Address
3091 12th Street
Borrower City
Long Island City
Borrower State
NY
Borrower Zip
11102
Loan Status Date
05/13/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1564992.00
Current Approval Amount
1564900.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
447380
Servicing Lender Name
Flushing Bank
Servicing Lender Address
260E RXR Plz
Servicing Lender City
Uniondale
Servicing Lender State
Servicing Lender Zip
11556-3825
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
QUEENS
Project State
Project Zip
11102-0001
CD
NY-14
Jobs Reported
30
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
156499.20
Payroll Proceed
1173652.00
Mortgage Interest Proceed
Rent Proceed
234748.80
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
1581835.22
Forgiveness Date
05/21/2021