PPP Loan information for World electronics sales and se

$1,229,100

World electronics sales and se was initially approved for PPP Loan of amount $1,229,100, the current approved amount is $1,229,100. The loan was approved on 04/14/2020 by The Santander Bank, National Association reported 104 jobs and $1,229,100 was used to fund payroll.

World electronics sales and se is Existing or more than 2 years old

WORLD ELECTRONICS SALES AND SE

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

WORLD ELECTRONICS SALES AND SE

Borrower Address

3000 KUTZTOWN RD

Borrower City

READING

Borrower State

PA

Borrower Zip

19605-2617

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1229100.00

Current Approval Amount

1229100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

READING

Project County Name

BERKS

Project State

PA

Project Zip

19605-2617

CD

PA-04

Jobs Reported

104

NAICS Code

334418

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1229100.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1238764.43

Forgiveness Date

02/02/2021

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