PPP Loan information for Wire and cable specialties, inc.

$1,165,900

Wire and cable specialties, inc. was initially approved for PPP Loan of amount $1,165,900, the current approved amount is $1,165,900. The loan was approved on 04/13/2020 by The Meridian Bank reported 75 jobs and $1,165,900 was used to fund payroll.

Wire and cable specialties, inc. is Existing or more than 2 years old

WIRE AND CABLE SPECIALTIES, INC.

Date Approved

04/13/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

WIRE AND CABLE SPECIALTIES, INC.

Borrower Address

440 Highland Blvd

Borrower City

COATESVILLE

Borrower State

PA

Borrower Zip

19320-5808

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1165900.00

Current Approval Amount

1165900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378591

Servicing Lender Name

Meridian Bank

Servicing Lender Address

9 Old Lincoln Hwy

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355-2551

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COATESVILLE

Project County Name

CHESTER

Project State

PA

Project Zip

19320-5808

CD

PA-06

Jobs Reported

75

NAICS Code

331222

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

530500.00

Payroll Proceed

526236.00

Mortgage Interest Proceed

0.00

Rent Proceed

109164.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1173725.90

Forgiveness Date

12/22/2020

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