PPP Loan information for Wescott electric company

$577,300

Wescott electric company was initially approved for PPP Loan of amount $577,300, the current approved amount is $577,300. The loan was approved on 04/29/2020 by The Firstrust Savings Bank reported 29 jobs and $577,300 was used to fund payroll.

Wescott electric company is Existing or more than 2 years old

WESCOTT ELECTRIC COMPANY

Date Approved

04/29/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

WESCOTT ELECTRIC COMPANY

Borrower Address

1600 LENNI RD

Borrower City

ASTON

Borrower State

PA

Borrower Zip

19014-1056

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

577300.00

Current Approval Amount

577300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80997

Servicing Lender Name

Firstrust Savings Bank

Servicing Lender Address

15 E Ridge Pike

Servicing Lender City

CONSHOHOCKEN

Servicing Lender State

PA

Servicing Lender Zip

19428-2139

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASTON

Project County Name

DELAWARE

Project State

PA

Project Zip

19014-1056

CD

PA-05

Jobs Reported

29

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

577300.00

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

80997

Originating Lender

Firstrust Savings Bank

Originating Lender City

CONSHOHOCKEN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

581244.88

Forgiveness Date

01/14/2021

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