PPP Loan information for Adams electrical construction inc

$341,700

Adams electrical construction inc was initially approved for PPP Loan of amount $341,700, the current approved amount is $341,700. The loan was approved on 06/01/2020 by The Citizens & Northern Bank reported 11 jobs and $341,700 was used to fund payroll.

Adams electrical construction inc is Existing or more than 2 years old

PPP Loan Search / PA / BENSALEM / Adams electrical construction inc

ADAMS ELECTRICAL CONSTRUCTION INC

Date Approved

06/01/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ADAMS ELECTRICAL CONSTRUCTION INC

Borrower Address

1028 POQUESSING AVE

Borrower City

BENSALEM

Borrower State

PA

Borrower Zip

19020-5632

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

341700.00

Current Approval Amount

341700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

62359

Servicing Lender Name

Citizens & Northern Bank

Servicing Lender Address

90-92 Main St

Servicing Lender City

WELLSBORO

Servicing Lender State

PA

Servicing Lender Zip

16901-1517

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BENSALEM

Project County Name

BUCKS

Project State

PA

Project Zip

19020-5632

CD

PA-01

Jobs Reported

11

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

341700.00

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

62359

Originating Lender

Citizens & Northern Bank

Originating Lender City

WELLSBORO

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

345211.92

Forgiveness Date

06/11/2021

;