PPP Loan information for William elek ltd

$512,600

William elek ltd was initially approved for PPP Loan of amount $512,600, the current approved amount is $512,600. The loan was approved on 04/10/2020 by The American Bank reported 36 jobs and $512,600 was used to fund payroll.

William elek ltd is Existing or more than 2 years old

PPP Loan Search / PA / ALLENTOWN / William elek ltd

WILLIAM ELEK LTD

Date Approved

04/10/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

WILLIAM ELEK LTD

Borrower Address

1101 Airport Road

Borrower City

ALLENTOWN

Borrower State

PA

Borrower Zip

18109-3362

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

512600.00

Current Approval Amount

512600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121552

Servicing Lender Name

American Bank

Servicing Lender Address

4029 W Tilghman St

Servicing Lender City

ALLENTOWN

Servicing Lender State

PA

Servicing Lender Zip

18104-4400

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALLENTOWN

Project County Name

LEHIGH

Project State

PA

Project Zip

18109-3362

CD

PA-07

Jobs Reported

36

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

512600.00

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

121552

Originating Lender

American Bank

Originating Lender City

ALLENTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

505392.22

Forgiveness Date

11/03/2020

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