PPP Loan information for Wade electric inc.

$1,564,900

Wade electric inc. was initially approved for PPP Loan of amount $1,564,992, the current approved amount is $1,564,900. The loan was approved on 04/10/2020 by The Flushing Bank reported 30 jobs and $1,564,900 was used to fund payroll.

Wade electric inc. is Existing or more than 2 years old

WADE ELECTRIC INC.

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

NY

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

Long Island City

Project County Name

QUEENS

Project State

NY

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

0.00

Rent Proceed

234748.80

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

447380

Originating Lender

Flushing Bank

Originating Lender City

Uniondale

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1581835.22

Forgiveness Date

05/21/2021

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